HM Treasury is seeking views on a draft Order the purpose of which is to extend the Senior Managers and Certification Regimes, the framework for which is set out in Part 4 of the Financial Services (Banking Reform) Act 2013, to UK branches of foreign banks: see here. Further information about the new regimes is available here.
Tuesday, 18 November 2014
UK: Extending the Senior Managers and Certification Regime to UK branches of foreign banks
HM Treasury is seeking views on a draft Order the purpose of which is to extend the Senior Managers and Certification Regimes, the framework for which is set out in Part 4 of the Financial Services (Banking Reform) Act 2013, to UK branches of foreign banks: see here. Further information about the new regimes is available here.
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