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Time is ticking: What should firms be doing now to prepare for the SM&CR?

The Senior Managers and Certification Regime (SM&CR) deadline is fast approaching and the new regulation comes into force from 9 December 2019 for all FCA solo regulated firms. With Senior Management Functions replacing Controlled Functions, there are a range of additional and enhanced responsibilities and expectations that firms and their…

Senior Managers and Certification Regime Q & A with Dilys Gale – Stride Underwriting’s Compliance & Audit Manager

SMCR – what insurance brokers need to know – part two What is the SM & CR? SM & CR is a logical way of defining the accountability of individual manager or director in your brokerage and replaces the FCA “Approved Persons” regime known as APER. In addition, the SM…

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SMCR – what insurance brokers need to know. Part One

Following the financial crash in 2008 the Government introduced new rules, which resulted in the introduction of the Senior Managers and Certification Regime (SMCR). From December 2019 these rules apply to insurance brokers.
This is the first of a three-part article giving brokers tips on how to implement the new regime in their brokerage.

Fantasy Football – Manager of the Month March 2019

Welcome to the Pleasuredome? As anyone familiar with the works of Samuel Taylor Coleridge, Frankie Goes to Hollywood, prog rock legends Rush or even Olivia Newton John knows “In Xanadu did Kubla Khan a stately pleasure-dome decree”. However, at the time nobody thought Xanadu would be found just off the…