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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…