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ARTICLE · 05 DECEMBER 2019

SMCR - Are You Prepared?

Clyde & Co
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On 9 December 2019, the final stage of the Senior Managers and Certification Regime (SMCR) will be rolled out to all remaining FCA solo regulated firms, typically brokers, MGAs, financial advisers

United KingdomEmployment and HR
Nick Elwell-Sutton
Nick Elwell-Sutton
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On 9 December 2019, the final stage of the Senior Managers and Certification Regime (SMCR) will be rolled out to all remaining FCA solo regulated firms, typically brokers, MGAs, financial advisers, and asset managers.

For those who work in compliance, legal or HR functions, or who will be personally affected by SMCR, read on for the key points of interest and action points to help you prepare.

Our SMCR webinar series

How to prepare

The first step towards implementation is to decide which of the three tiers (enhanced, core or limited) your firm falls within and which directs the scope of the SMCR obligations

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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