Extension of Deadlines Under UK Senior Managers & Certification Regime

On August 14, MFA and AIMA submitted a comment letter in response to the UK Financial Conduct Authority’s consultation paper to extend certain implementation deadlines in the Senior Managers & Certification Regime. In the letter, we supported the FCA’s proposal to extend implementation deadlines from December 9, 2020 to March 31, 2021 in light of challenges caused by the COVID-19 pandemic.