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 […]
The Senior Managers & Certification Regime (SM&CR) has been with us for some time now, and as a result expectations are changing. The regulatory focus will be around firms providing assurance around the operational effectiveness of the regime as opposed to achieving initial implementation. For instance, would you be confident if either the FCA or […]
Constant reminders by The FCA on the importance of Culture is challenging leaders of regulated financial firms to move from saying, “We need to measure Culture“ to asking “What are we doing to measure Culture?” But where and how do firms start measuring Culture effectively in 2021? In this FREE 60 minute webinar, Julie Pardy, […]
The Senior Managers & Certification Regime (SM&CR) has been with us for some time now, and as a result expectations are changing. The regulatory focus will be around firms providing assurance around the operational effectiveness of the regime as opposed to achieving initial implementation. The FCA has made it clear that the Senior Manager and […]
Just when firms thought they could catch their breath; satisfied that key culture risks had been controlled during COVID-19, they’ve had to quickly turn their attention to meet greater regulatory scrutiny on financial misconduct, get on top of whistleblowing in a hybrid work environment and rethink their approach to diversity and inclusion (D&I). The end […]
The Senior Managers & Certification Regime (SM&CR) has been with us for some time now, and as a result expectations are changing. The regulatory focus in 2022 continues to be around firms providing assurance around the operational effectiveness of the regime as opposed to achieving initial implementation. The FCA has made it clear that the […]
A new Consumer Duty to be introduced by the Financial Conduct Authority (FCA) in July requires firms with retail clients to review almost every aspect of the relationship with their consumers. The regulator’s not standing on ceremony; holding senior managers accountable if firms don't put consumers at the heart of what they do and embed […]
SM&CR – not just a cost to your firm but the cornerstone for ensuring ‘conduct, culture and accountability’. No doubt that over the last 18 months you have heard the FCA talk regularly about becoming a more data led regulator. Nikhil Rathi (CEO) has been driving through a project to ensure that the FCA is […]