The UK’s key financial regulators, the FCA, PRA and Treasury have today launched a sweeping review of the Senior Managers and Certification Regime (SM&CR).

The FCA and sister regulators have this week published a detailed 'Regulatory Grid' outlining revised plans for the next 24 months to allow for the Chancellor's 'Edinburgh Reforms' to be included.

The Financial Planning and wealth management sectors have welcomed radical proposals from the Chancellor to shake-up financial services regulation via the Edinburgh Reforms.