Senior Managers and Certification Regime Fundamentals

The UK’s Senior Managers and Certification Regime (SMCR) came into force for banks, other deposit-takers and PRA-regulated investment firms in March 2016. The regime is expected to be brought into effect for the rest of the UK financial services industry in 2018.   

• Intro (2:43)
• The current regime (1:43)
• Why a new regime? (2:44)
• Individual Accountability & Collective Responsibility (2:12)
• Timeline & what has changed? (3:54)
• Senior Managers Regime explained (3:18)
• Certification Regime explained (2:28)
• Conduct Rules - What constitutes a breach? (10:33)
• Implementing the regime (8:54)
• Common questions & queries (5:03)
• Enforcing Senior Managers & Certification Regime (6:46)
• Q&A (4:46)

Interested in learning more about SMCR?
Download our whitepaper; 'Senior Managers and Certification Regime - How to Prepare Your Organisation'.

This webinar was co-hosted with Eversheds Sutherland. Visit the official site here: www.eversheds-sutherland.com/smcr