The FSMA Regulation of 20 December 2023 entered into force on 13 June 2024. It amends the FSMA Regulation of 27 October 2011 on the recognition of compliance officers.
Today, the FSMA is publishing a communication that briefly points out the main amendments:
- the condition that candidate compliance officers must have at least three years of appropriate experience is relaxed in certain cases for small firms;
- the interim list of compliance officers is replaced by a single list with all relevant information.