The Senior Managers And Certification Regime (SMCR):1 Year On Webinar Recording

On the 9 December 2019, the Senior Managers and Certification Regime (SMCR) became applicable to all Financial Services and Markets Act (FSMA) authorised firms; including banks, building societies, asset managers, investment firms, insurers, mortgage providers, consumer credit firms and sole traders.

So 1 year on, given the interruptions in 2020 and the FCA enabled ‘3 month drift in implementation, have firms invested significant resources in implementing the The Senior Managers and Certification Regime (SMCR) regulations and are they embedded and working? What are the issues? Does it deliver the accountability that it set out to?

[If you missed this informative webcast, the recording is now available for Members Only to view via the Members Area. Members should log in to enable access.]

What are the effective steps for firms, that demonstrate that they have embedded the SMCR into their business as usual processes.

How much has it been successfully implemented across the market? Are Senior Managers fully aware of their obligations? Is it achieving what it was intended for?

Our  industry experts Sonia Shah, Grant Thornton, Anthony Epstein, Director, Business 360 and Katie Stephens, Norton Rose Fulbright LLP offer their personal opinions on this topic and answer questions posed by the audience.

If you missed this informative webcast, the recording is now available for Members Only to view via the Members Area. Members should log in to enable access.