The response to, and the management of, a skilled person review can be challenging, costly and time consuming for firms. In our latest briefing note we set out some key points for firms to consider when dealing with a skilled person review requirement imposed by the FCA or PRA, from the initial stages of negotiating the scope of the requirement, managing the skilled person and regulator during the review, and then through to the closure of the review. Our briefing can be found here.
