Ciaran Walker is a qualified lawyer in Ireland, England &Wales. He is a Consultant in the Financial Services Regulation & Governance Group at Eversheds Sutherland and co-author of New Accountability in Financial Services: Changing Individual Behaviour and Culture.
Compendium
May 15, 2022The Senior Managers and Certification Regime (SMCR) has been in place in the UK since 2016. It has provided a model for the subsequent introduction of new individual accountability regimes in Hong Kong (the Manager-in-Charge regime, 2016), Australia (the Banking Executive Accountability Regime, 2018, soon to be replaced by a more extensive Financial Accountability Regime), and Singapore (Guidelines on individual accountability and conduct, 2021), ... (cont)