Senior Managers and Certification Regime (SMCR)

The Senior Managers and Certification Regime (SMCR) oversee the compliance of senior managers and members of staff. It holds these staff members personally liable when it comes to carrying out the financial services of the business.


Why Is SMCR Important?

Although the SMCR is a new compliance procedure, businesses should not treat it as something of a formality. The FCA takes SMCR very seriously and this should be reflected in businesses

Businesses should also be aware of recent changes that increased the numbers and types of employees who are subject to the SMCR – including more responsibilities for senior staff.

Could Your Team Benefit From Our SMCR Training?

How We Can Help

If your firm is struggling to understand what exactly the SMCR requires, we can help. Our SMCR services range from reviews of your SMCR-related policies and procedures to training sessions designed to demonstrate SMCR compliance.

We ensure that all members of staff responsible understand their obligations, relevant regulations and can carry out financial services confidently and with full compliance.