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FCA to introduce a senior manager-listing public register 

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  • 26/02/2018
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FCA to introduce a senior manager-listing public register 
Information on a wider range of individuals at authorised firms is set to be made available to all by the Financial Conduct Authority (FCA).

 

 

Later this year, the regulator is to consult on plans to include the information in a public register.

It comes after FCA and Prudential Regulation Authority (PRA) proposals to only include senior managers on the Financial Services (FS) Register, which it currently maintains.

But feedback to the consultation showed demand and public value of a central public record of certification employees and other important individuals in firms regulated by the FCA, who will no longer appear on the FS Register, the regulator said.

This includes non-executive directors, financial advisers, traders and portfolio managers.

The FCA will now issue a consultation by the summer on proposals to address the feedback with a public register.

The regulator said it would also shortly  provide an update on its work on the usability of the FS register.

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