Individual Accountability

The “Senior Managers and Certification Regime” Explained

The Senior Managers and Certification Regime introduces added accountability measures for financial firms related to individual conduct to strengthen governance, improve culture, and protect market integrity.


DOJ’s CCO Certification Requirement: raising the stakes for CCO liability

Last year, the U.S. DOJ introduced a new CCO Certification Requirement, placing even greater liability at the feet of senior compliance officers. Does the new rule empower, or just add more weight to CCO shoulders?

Time to own up? FCA pursues senior execs in £18m enforcement

The FCA is pursuing action against three senior executives in an £18m enforcement. Accountability is on the rise, from increasing enforcement through to emerging regulation.