Managing culture and conduct: Is your organisation compliant with SMCR?

The FCA’s Senior Managers and Certification Regime (SMCR) came into play in the UK banking sector in early 2016, with the aim of reducing harm to consumers and strengthening market integrity by creating a system that enables firms and regulators to hold individuals to account – and it is not going away with the FCA continuing to emphasise its importance.

The requirements of SMCR are stringent and penalties of FCA enforcement actions can be punitive. So, how is the regime working on a practical basis in capital markets, and is the burden of compliance creating only challenges, or are there also opportunities to be gained?

This webinar covers:

• The requirements of SMCR in capital markets
• Changes since initial implementation
• Challenges presented by the regime
• Best practice approaches to compliance
• Opportunities of getting it right, penalties of getting it wrong
• Examples of successful SMCR implementations

This webinar was recorded on September 16th, 2021.