Eversheds Sutherland - the employment practitioner's guide to financial institutions: key aspects of the regulatory framework

The financial crisis both in the US and UK led to concerns that individual accountability of senior managers in the banking sector had to be strengthened and risk and reward aligned more closely.

Sweeping amendments were made to legislation, with new regimes introduced to improve accountability and greater powers bestowed upon regulators.

The landscape has changed significantly with onerous rules faced by employers from recruitment to departure and beyond.

This volume covers the full roll-out of the Senior Managers and Certification Regime to all financial services firms in 2018.