“Are your employees fit and proper?” – FT Adviser
Mark Greenwood writing in the FT outlines the three main concepts that the SMCR new rules and guidance are based on, and which all firms must follow.
“SMCR has been designed to be flexible and allows companies to exercise judgement. The fit and proper assessment should focus on the requirements and standards of the regulatory system.”
To read more visit the FT Adviser article.