The FCA’s near-final rules for extending the SM&CR to FCA firms.

On the 4th July the FCA released Policy Statement 18/14. This outlines the near-final rules for extending the SM&CR across FCA regulated firms.

Policy Statement 18/14 also provides the regulators feedback on both consultation paper 17/25 & 17/40.

This is understandably an important document for all affected firms to get to grips with. We understand that working through a 412 page document can be a challenge and with all your existing duties you can find yourself having to stop-start the whole way through.

That is why our condensed document is the perfect tool to have on your desk. Giving you the peace of mind that you have a record of all the key information.

Download your copy of FSTP’s condensed document here.

You can also access the FCA’s full Policy Statement 18/14 here.

Remember to contact us should you require any support with your SM&CR preparation and implementation or if you simply have any questions.

Philippa Grocott

Business Development Partner