Regulatory AlertsPS20/12: Extending implementation deadlines for the Certification Regime and Conduct Rules
The Prudential Regulation Authority and Financial Conduct Authority issued Policy Statement PS20/12 to extend the implementation deadlines for the Certification Regime and Conduct Rules. This regulatory change provides firms with additional time to comply with the new requirements originally set for the SM&CR framework. The extension aims to mitigate operational burdens on firms while ensuring the continued effectiveness of the conduct standards.
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