On behalf of our members, the Associations are pleased to respond to the FCA’s guidance consultation on statements of responsibilities and responsibilities maps and welcome the attempt to clarify how our firms should consider approaching these aspects of the Senior Manager and Certification Regime.

The Associations and our members feel that it is helpful to have this Guidance and example documents from the FCA, as it clarifies expectations and removes some of the guesswork for firms about how material should be presented, especially on responsibilities maps where there is currently limited guidance on what is expected.

Attachments
UK Finance & AFME response to the FCA’s Guidance Consultation 18/4 – Senior Managers and Certification Regime: Proposed guidance on statements of responsibilities and responsibilities maps for FCA firms