On the 4th July the FCA released Policy Statement 18/15. This outlines the near-final rules for extending the SM&CR across Insurers.
Policy Statement 18/15 also provides the regulators feedback on both consultation paper 17/26 & 17/41.
This is understandably an important document for all affected firms to get to grips with. We understand that working through a 761 page document can be a challenge especially while trying to balance 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.
You can also access the FCA’s full Policy Statement 18/15 here.
Remember to contact us should you require any support with your SM&CR preparation and implementation or if you simply have any questions.