Feature: Accountability Regime – 4 Months On
In this month’s T-C News, we ask four months into the new accountability regime for banks, how did the industry handle its arrival and what’s next?
The article addresses:
- how adjusting to the new accountability regime has been
- what challenges have arisen, things that needed extra attention and how they were dealt with
- preparing for the Certification Regime and training for the Conduct Rules ahead of the March 2017 deadline
- how the Senior Manager and Certification regimes have helped streamline policies and processes, especially around T&C.
“ As far as evidencing competency is concerned, CPD alone doesn’t cut it.” – Philippa Grocott, Partner, FSTP.