The Senior Mangers Regime and Certification Regime will come into force on 7 March 2016. The Bank of England has published a new webpage that details the forms and accompanying guidance notes for the new regime. Links to the new forms are also contained in the new rules published as Appendix 1 of PS16/15. Firms should refer to the rules, supervisory statement and statement of policy to determine which forms they need to submit.
The Bank of England has also published a new webpage on policy development in the Strengthening Accountability project. The Bank of England reminds firms that they may need to take action to ensure that individuals are allocated the correct responsibilities and have the necessary approvals where needed.