2020 was a tumultuous year for most of the UK population, regardless of what sector you worked in. Within the Financial Services Sector, not only did we go through our first taste of lockdown like the rest of the population, but had to do so whilst grappling with the implementation of SM&CR, waiting for new […]
If Culture is what people do when no one is looking, then 2021 might prove to be as challenging to your Conduct and Culture risk frameworks as the last nine months have been. Continued Conduct risks related to employees working from a home and a regulator finding the identification of Conduct risk in firms ‘unacceptably […]
The Senior Managers & Certification Regime (SM&CR) has been with us for some time now, but should we be cautious about losing focus and our attention being directed elsewhere? For instance, are you confident that your firm is ready for embedding the regime as expected by the regulator; in a way that becomes ‘integral to […]
Leaders making their way into senior leadership in the financial sector do so because of their unique strengths; expertise, experience, drive and resilience. But in today’s uncertainty and complexity, these strengths are not all particularly useful for navigating unknown contexts not seen before. Experience and expertise aren’t predictors of future and aren’t so helpful in […]
The Senior Managers and Certification Regime (SM&CR) has recently impacted the Credit & Collections industry and it was introduced to ensure that Senior Managers are individually accountable for their business decisions, their conduct and the competence of those that they manage. Managing the SM&CR regime in business-as-usual (BAU) in a way that a) doesn’t cause […]
Regulated firms have struggled to measure Culture, often citing that ‘it’s far too difficult and abstract’ to define and manage effectively. Such reasoning in 2021 won’t wash with regulators, shareholders and the public expecting senior managers and boards to be much more proactive and transparent in this space. In this FREE webinar, Worksmart's Julie Pardy, […]
FCA solo regulated firms are now completing the transition of SM&CR requirements into ‘Business as Usual’ but what exactly does this look like? As this transition continues, knowingly or not, firms are moving to a position where, at one end of the spectrum, SM&CR becomes the foundation stone of lasting cultural change or, at the […]
The Senior Managers & Certification Regime (SM&CR) has been with us for some time now, but should we be cautious about losing focus and our attention being directed elsewhere? For instance, are you confident that your firm is ready for embedding the regime as expected by the regulator; in a way that becomes ‘integral to […]
FCA solo regulated firms are now completing the transition of SM&CR requirements into ‘Business as Usual’ but what exactly does this look like? In the second of our popular webinars, we further delve beyond pure compliance with the regulations and explore some of the key underlying concepts that appropriately structured SM&CR arrangements should be able […]
As Accountability Regimes are rolled out around the Globe, the "Award Winning" team here at Worksmart invite you to join us for this event very specifically focused on the Singapore accountability regime. With the implementation deadline of the 10th September 2021 looming for the Monetary Authority of Singapore (MAS) Accountability Regime to be implemented, time […]
SM&CR has been part of the regulatory landscape for Banking & Insurance for 5 years now, and whilst its much less than that for FCA solo regulated firms, there is still uncertainty around how best to align the requirements within firms. Now that FCA solo regulated firms have passed the deadlines for both Directory Submissions […]
SM&CR has been part of the regulatory landscape for Banking & Insurance for 5 years now and much less so for FCA solo regulated firms. But even some banks and insurance firms remain uncertain around how best to align the requirements within their organisations and evidence suggest that remains the case for many solo regulated […]