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. The Employment Practitioner's Guide to Financial Institutions: The Senior Managers and Certification Regime and Accountability covers the...
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 strengthe...