Treasury has made The Financial Services (Banking Reform) Act 2013 (Commencement No. 9) (Amendment) Order 2015. It amends the individual accountability regime in FSMA governing individuals in UK banks under the Senior Managers Regime (SMR) in relation to disciplinary powers and regulator actions when dealing with misconduct. It will come into force on 7 March 2016. (Source: Treasury Brings Into Force SMR Powers)