The FCA and PRA have confirmed a package of changes to the Senior Managers and Certification Regime (SM&CR), reducing the number of certified persons, lengthening approval windows and raising the thresholds at which enhanced standards apply. According to Karavel, regulators have framed the move as streamlining, and much of the industry has welcomed it as [...] The post FCA trims SM&CR: streamlining or a new culture risk? appeared first on VCNews.co.