SMCR - managing Ongoing Compliance

Outline & Objectives

If you have responsibility for SMCR in your organization, this fully interactive workshop will help you benchmark your achievements during the initial development phase, highlight and address potential issues or areas of cconcern and plan the next steps as your firm progresses along its SMCR journey.

This proramme will benefit anyone responsible for setting up, implementing and administering the SMCR within a financial services organisation, especially individuals in Risk, Compliance and Operations. The course may also be of interest to Human Resources staff and to those in Internal Audit.  It will also be suited to those who are coming new to the SMCR for the first time.

Attending will help you:

• Identify the key issues outstanding following conversion from APR to SMCR
• Succesfully manage the first round of Certification –  key pointers and pitfalls to avoid
• Clarify the meaning of Reasonable Steps in the context of SMFs business
• Demonstrate the effectiveness and objectivity of approaches to assessment of certified staff
• Ensure performance assessment processes fully reflect Certification requirements
• Tailor Conduct Rules training to individual job roles
• Map the Conduct Rules to your organisation’s values
• Enhance the quality and timeliness of references
• Consolidate SMCR as BAU through its impact on corporate culture

Training Approach

This workshop uses a combination of trainer input, knowledge sharing with interactive syndicate work and case studies.

Course Agenda

Topics may include but are not limited to:

• Progress so far
• Bedding down the Senior Managers Regime
• Certification
• Fit and Proper Challenges
• Developing understanding of and commitment to the Conduct Rules
• Individual behaviour and corporate culture