Compliance & Anti-Financial Crime
Leadership | Insight | Network

Banking, Compliance, Financial Services, Regulatory, UK

NEWS: Britain set to dilute impact on bankers of senior manager’s accountability regime, Chancellor indicates

EDINBURGH REVIEW: Britain's Chancellor Jeremy Hunt likely to have to review 'Edinburgh Review' light touch regulations following SVB collapse.

By AML Intelligence Correspondent BRITAIN is to dilute its senior managers’ accountability regime, it has been signalled by the Chancellor. The UK’s “senior managers’ regime” was introduced after the 2008 financial crisis and held executives personally responsible for decisions. The regime has since 2016 forced senior executives at banks, building societies and credit unions to…

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!