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Plans to hold British bankers more accountable for compliance failures are causing anxiety within the financial sector, speakers and attendees of an industry conference in London said Tuesday. Under the U.K.'s Senior Managers and Certification Regime, which saw its first deadline pass on Monday, banks and other covered businesses must submit to regulators data on executives and employees who could cause significant financial harm to their firms. The rules empower the agencies to approve individual appointments and fine executives and non-executive directors (NEDs), including chairs of risk and audit committees. British officials may also seek prison sentences of up to...