FCA register to go down weekend before SM&CR implementation

The register will be unavailable from 6pm on Friday (6 December) to 9am on Monday (9 December), meaning consumers will be unable to search for information on firms over the weekend, such as whether a business has restrictions on its regulatory permissions. The incoming Senior Managers and Certification Regime (SM&CR) legislation will apply to the wider financial services sector from Monday, placing news administrative, regulatory and conduct requirements on firms that banks and other large financial institutions have been subject to since 2016. In March, the Financial Conduct Authorit...