Senior Managers & Certification Regime: A Practical Guide and Best Practice to Implementation

Senior Managers & Certification Regime (SM&CR) doesn’t need to be difficult – brokerage firms just needs to be organised about it and take the sufficient steps as well as implement a process that can be supported and sustained.

• What is SM&CR and why is it there?

• Where do you start with implementation –
  • classification and allocation of roles
  • 1^st, 2^nd and 3^rd lines of defence
  • Collecting the relevant information
  • Statements and duties of responsivity – what is the difference?
  • Proving you have met your obligations – how do you do that?
  • Evidencing compliance

• Certification regime –
  • how do firm leverage what they already have in place?
  • Oversight of delegation
  • How does a firm make the process sustainable?

Insight Regulatory Consulting LLP will lead this discussion drawing on their extensive experience.