Financial Conduct Authority  

FCA warns wealth managers on post-Covid failure planning

It also repeated its urge that firms take diversity and inclusion seriously and encouraged them to contribute to its discussion paper on the matter.

"As CEO, you are responsible for ensuring that your firm meets FCA requirements, including the obligations and expectations set out above. You should take all necessary actions to ensure these are met.

"We will use the Senior Managers and Certification Regime to engage directly with accountable individuals on areas of concern," it stated. 

sally.hickey@ft.com