Senior Management & Certification Regime - Test Your Knowledge

Introduction

The Senior Management & Certification Regime (‘SMCR’) remains one of the major components of regulation by the Financial Conduct Authority (‘FCA’).

The regime is designed to improve professional standards and accountability throughout the industry.

Clear individual accountability should focus minds, drive up standards, and make firms easier to run and to supervise. The certification retime holds individuals working at all levels within relevant firms to appropriate standards of conduct.

Sanctions can be serious, and it is therefore imperative that senior managers and certification regime staff understand what is required of them.

This e-Learning programme is suitable for senior managers and certification staff working in an FCA regulated firm, regardless of location.

It is also ideal for inducting new members of staff as well as providing a timely refresher.

What You Will Learn

With interactive learning activities, knowledge checks and key reminder messages, the programme covers the following:

• Overview of SMCR
• Practicalities of completing Statements of Responsibilities & Responsibilities Maps
• Evidencing ‘reasonable steps’ in line with the Duty of Responsibility
• Recruitment and record keeping processes to update to be ready for SMCR
• Conducting Fit & Proper Assessments
• Practicalities of certificating your staff
• Conduct Rules - training requirements and solutions
• Conduct Rules - dealing positively with breaches

You can take each section at your own pace, picking up where you left off and are able to see your progress throughout.

The programme concludes with an assessment. Your score will be recorded and 'super-user' reporting functionality for the organisation as a whole is available in the MBL learning platform.