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Clifford Chance

SMCR Manager

Senior Managers and Certification Regime

SMCR Manager is now available

The Financial Conduct Authority (FCA) has published proposals to extend the Senior Managers and Certification Regime (SMCR) to FCA firms.

The aim of SMCR is to reduce harm to consumers and strengthen market integrity by making firms and individuals at those firms more accountable for their conduct and competence. From the implementation date individuals in a regulated firm will be subject to increased administrative and regulatory requirements and expectations as to how they conduct themselves.

The SMCR will replace the Approved Persons Regime in December 2019 for FCA firms including asset managers, investment firms and consumer credit firms.

Request a demo

Want to hear more about SMCR and how it can help you? Register for a demo

SMCR Manager solves compliance fast

Are you ready? Our 90-second overview explains how the Clifford Chance SMCR Manager helps financial institutions to prepare for and comply with the newly extended Senior Managers and Certification Regime.

Our product's unique combination

Our legal expertise and innovative workflow will help you check if your firm(s) fall within the scope of the SMCR, identify whether firms are enhanced or core firms and work through key SMCR requirements with built-in tailored guidance.

 

Key features

Check
if your firm(s) fall within the scope of SMCR

Identify
whether firms are enhanced or core firms

Work through
key SMCR requirements with built-in tailored guidance

Assign
senior manager functions and prescribed responsibilities to senior managers

Produce
statements of responsibilities (SORs)

Receive
guidance on how to produce management responsibilities maps

Identify and maintain
a record/register of your certified persons

Identify
other conduct rules staff

Set up
an internal framework and record for ongoing compliance and monitoring

Meet the SMCR Team

Our team is available to answer any queries.

Talk to us