Correspondence

Senior managers & certification regime: extension to UK branches of foreign banks

Correspondence between the Chancellor and the Chairman of the Financial Conduct Authority and Governor of the Bank of England.

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Documents

Letter from the Chancellor to the Governor of the Bank of England - Senior managers & certification regime: extension to UK branches of foreign banks

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Letter from the Chancellor to the Chairman of the Financial Conduct Authority - Senior managers & certification regime: extension to UK branches of foreign banks

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

Correspondence on the Treasury consultation on the possible extension of the Senior managers & certification regime to cover UK branches of all foreign banks and investment firms, that are prudentially regulated by the Prudential Regulation Authority (PRA) (as well as regulated by the FCA in their conduct of business).

Letter from Governor of the Bank of England to the Chancellor - Senior managers & certification regime: extension to UK branches of foreign banks

Letter from Chairman of the Financial Conduct Authority to the Chancellor - Senior managers & certification regime: extension to UK branches of foreign banks

The Chancellor announced the consultation in his Mansion House speech.

Published 12 June 2014