The Senior Managers & Certification Regime (the SMCR) is being extended across the financial services and insurance sectors. Nick Wilcox, a Partner of BDBF explores what the SMCR will mean for firms and individuals.
The FCA is consulting on the extension of the SMCR to almost all financial services firms from 2018, replacing the Approved Persons Regime. HR should act now.
The Gender Pay Gap reporting regulations are now in force, and guidance suggests that contractors’ earnings may need to be covered in the reports.