British Standards Board publishes guidance on regulatory references good practice

Industry News | 04/09/19

The British Standards Board (BSB), following a consultation earlier in 2019, has published good practice guidance on regulatory references to help firms implement regulatory requirements effectively, and to a high standard. The guidance was developed with a focus on regulatory references in relation to candidates for certification functions in banking, and parts may also be relevant to candidates for senior management functions, notified non-executive director functions, and other functions in parts of financial services subject to the Senior Managers and Certification Regime (SM&CR).