Senior Managers & Certification Compliance - A Bitesized 2026 Update

Introduction

The Senior Managers & Certification Regime (SM&CR) continues to evolve as the FCA and PRA refine their expectations of firms’ governance, accountability, and culture. This 2026 update provides an overview of key developments arising from post-Consumer Duty supervision, ongoing focus on non-financial misconduct and the regulators’ amendments to the regime.

This bitesized webinar is ideal for those working within FCA and/or PRA-regulated firms who have responsibility for SM&CR, including compliance, HR and risk professionals; legal and governance specialists; and directors and board members. It will explore both practical implementation challenges and the latest regulatory expectations, ensuring you can confidently assess your firm’s readiness and compliance.

What You Will Learn

This short webinar will cover the following:

• Rules/Guidance:
• FCA and PRA approach to SM&CR - key principles and scope
• The fit and proper test (FIT) - revised expectations
• Conduct Rules - updates, training expectations and reporting obligations
• Interaction with the Consumer Duty and culture initiatives
• FCA and PRA enforcement trends under SM&CR
• Latest Developments:
• 2025-26 FCA/PRA joint review of SM&CR effectiveness
• Expectations on non-financial misconduct and personal behaviour
• Updated statements of responsibilities and management responsibilities maps
• FCA and PRA feedback on culture, leadership, and psychological safety
• Recent enforcement actions and lessons learned

This pre-recorded webinar will be available to view from Tuesday 5th May 2026

Alternatively, you can gain access to this webinar and 2,100+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.