Alexandria Carr, a qualified barrister practising in London as Of Counsel with the Financial Services, Regulatory & Enforcement group and partner, Mark Compton discuss the UK's new regulatory regime for individuals working in banks, large investment firms and insurers, including those working in UK branches of these firms.
The new UK regime for strengthening accountability in banks, large investment firms and insurers comes into force on 7 March 2016. The regime for branches of both EEA and non-EEA firms will come into operation on the same date. The firms affected have until 8 February 2016 to notify the UK regulators of the individuals who are eligible to transfer from the old regulatory approval regime to the new regime.
Alexandria and Mark explain how the new requirements could affect you and your firm, and what you need to do between now and March 2016 to prepare.
Please click here to view.
You have no pages selected. Please select pages to email then resubmit.