PRA, FCA and PSR have updated their web resources on the SMR and SIMR, which came into force on 7 March. PRA’s specialist pages for these regimes direct users to information on applying for senior management functions via the Connect application system and details about the key changes to the old approved persons regime. FCA has noted that the Financial Services Register has been updated to reflect the SMR and SIMR grandfathering data, received by noon on 4 March. Both FCA and PSR have also decided to adopt an SMR structure for their organisations. (Source: PRA SMR and SIMR updateFCA SMR and SIMR update and PSR SMR and SIMR update)