Pointers on fitness and propriety assessments

Though the deadline to complete their first round of F&P assessments has been pushed back to the end of March, solo-regulated firms have this issue high on their agenda. Jill Lorimer and Nick Ralph provide practical tips from regulatory and employment law points of view.

Jill Lorimer is a partner in the financial services regulatory team and Nick Ralph is a partner in the employment team, with law firm Kingsley Napley. Contact them on jlorimer@kingsleynapley.co.uk and nralph@kingsleynapley.co.uk.

As we near the first anniversary of the extension of the Senior Managers and Certification Regime to solo-regulated FCA firms, the first round of annual fitness and propriety assessments will be topping the to-do lists of many compliance professionals.