In November, the Bank of England’s Prudential Regulation Authority fined Citigroup’s UK entities a total of nearly £44 million. Starting the new year with a bang, the regulatory lion continues to bare its teeth, with Goldman Sachs and Morgan Stanley both receiving a Section 166.
So are you exposed, and what steps can be taken to ensure you start the year on the best possible basis — outside the lion’s jaws?
Find out about the likely ways SMCR will evolve, and how you can ensure compliance in both letter and spirit by joining our webinar, The Lion That Bit — SMCR in 2020 (9th January, 08:30 UK).
Head Office & Registered Office:
24 Cornhill, London, EC3V 3ND
Registered in England & Wales
Company registration number: 04529306