This workshop addresses the move from Approved Persons Regime to the Senior Managers and Certification Regime (SM&CR) which is the most personally impactful pieces of regulation to hit the financial services industry in decades.
The new regime aims to ‘reduce harm to consumers and strengthen market integrity by making individuals more accountable for their conduct and competence’.
The two key ways The FCA hopes to achieve this are by:
-encouraging a culture of staff at all levels taking personal responsibility for their actions.
-making sure firms and staff clearly understand and can demonstrate where responsibility lies.
We will provide a full SM&CR review, how it impacts your firm and provide practical planning points and a planning pack with guides and tools that you can take and apply to your business to ensure you comply by 9th December 2019.