Personal Accountability Special Report 

Are you prepared for the rise in accountability regimes?

Senior manager accountability in financial services firms is hardly new. What is new is the proliferation of accountability regimes worldwide as regulators seek both to clarify the expectations and make it simpler to hold those senior managers personally liable in the event of regulatory breaches.

Learn about the rise of accountability regimes around the globe in the newly published Thomson Reuters Regulatory Intelligence special report. “Accountability gets personal: Are you prepared for the rise in accountability regimes?” is aimed at anyone working in a position of responsibility in financial services firms.  

This special report analyses the changes and assesses how individuals can prepare for enhanced personal accountability. Hong Kong, the UK and Australia have already introduced substantive accountability regimes while Singapore and Ireland are in the planning or consultation stages. In North America, the use of cooperation credit has changed the landscape for individual liability, and the enforcement of the Foreign Corrupt Practices Act continues to see senior individuals held liable. 
 
The report includes:
 
  • In-depth explanations of the current and upcoming accountability regimes from across the world.
  • Real world examples and case studies.
  • Actionable recommendations for senior managers to prepare for enhanced personal accountability in your jurisdiction. 
 
Fill in the form to get your copy of the full report.
 

Resources



[BLOG] The Senior managers and Certification Regime (SMCR): Are You On Track?

The Senior Managers and Certification Regime (SMCR) replaced the Approved Persons Regime (APR) for banks, building societies, credit unions and dual-regulated (FCA and PRA regulated) investment firms in March 2016. Read our blog to learn about key points of the regime and standards of behavior.
Read here >

[BLOG] SMCR Roll-out: Less Than Three Months To Go, Are Firms Ready?

The second wave of the Senior Managers and Certification Regime (SMCR) will be active from December 9, 2019. Read our blog to learn some background, guidance and practical tips for all firms that will fall under the regime.
Read here >

[WEBINAR] Senior Managers and Certification Regime (SMCR) - challenge or opportunity?

Are you ready to meet the requirements of the Senior Managers and Certification Regime (SMCR) when it comes into force for all firms authorised by the Financial Conduct Authority (FCA) in December 2019? Listen to Thomson Reuters on-demand webinar partnered with A-Team Group to learn what you can expect from the new regime. 
Watch here >

[TRAINING] Senior Manager & Certification Regime (SMCR)

Our Thomson Reuters Compliance Learning online training courses provides your employees with engaging and interactive modules specifically designed to up-skill and raise awareness of the new world under the SMCR. 
Request a free trial here >

[TRAINING] Banking Executive Accountability Regime (BEAR)

The purpose of this course is to raise awareness of the new regulations in Australia, known as the Banking Executive Accountability Regime (BEAR). The training seeks to inform participants of their responsibilities under the new regime to ensure that banking practices are aligned with expectations.
Request a free trial here >
 

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