The FCA has updated its website on applying for SMFs and for approved person status within AR firms and has also shared some new case studies on what it looks for when assessing a senior manager application. It looks at concerns it may have in specific scenarios, including candidates from overseas, candidates with no previous experience and candidates with past criminal convictions, and sets out what it would be expecting from firms in order to make its approval more likely.
FCA updates guidance and case studies on individual approvals
