Every month we publish the PPF 7800 index giving the latest estimated funding position for all eligible defined benefit schemes - on a section 179 basis.
In 2016, the PRA and FCA introduced a new individual accountability regime for banks – the Senior Managers and Certification Regime (SMCR). It was later adopted for insurers and was extended to all other regulated firms in December 2019. The regime is designed to make sure there’s clear accountability at the senior levels of an organisation. The aim is to make individuals more accountable for their responsibilities, conduct and competence.
We’re committed to the highest possible standards of openness, integrity and accountability and encourage all colleagues to ‘blow the whistle’ on any wrongdoing without fear of reprisal or victimisation.
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