The PRA has published Policy Statement 24/17: Strengthening accountability in banking: changes to SMR forms (PS24/17).

In PS24/17 the PRA provides feedback to the responses to chapter 4 of Consultation Paper 8/17: Strengthening accountability in banking and insurance: optimisations to the SIMR, and changes to SMR forms (CP8/17). In CP8/17 the PRA proposed a number of consequential amendments to SMR forms. The proposed amendments sought to implement optimisations to the senior managers regime (SMR) introduced in Policy Statement 12/17: Strengthening individual accountability in banking and insurance: amendments and optimisations.

Appendix 1 of PS24/17 links to the instrument amending the relevant SMR forms. Appendix 2 links to the final amended forms, which will be available on the PRA’s website from 12 November 2017.

View Policy Statement 24/17: Strengthening accountability in banking: changes to SMR forms, 3 October 2017