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How can we improve corporate governance?

The term corporate governance was introduced during the 80s and 90s to describe best practices for listed companies. It followed the...

Do amended CPD requirements offer greater flexibility?

One of the fundamental obligations applicable to all regulated firms is the need to implement appropriate processes to manage risks. One...

Assess & Prove Competence

The Senior Managers & Certification Regime (SM&CR) was first introduced in 2016 for banks and then phased in until it was finally...

How well do you know your Appointed Representatives?

In December 2021, the FCA published its proposals for improving the oversight of appointed representatives. Regulatory expectations: The...

Has SM&CR made a difference?

The Senior Managers & Certification Regime (SM&CR) for insurers took effect in December 2018. As part of the Solvency II regime,...

HR & Compliance – Bridging the Gap in SMCR

Since the introduction of the Senior Managers and Certification Regime (SM&CR), it has been interesting to see how and where firms have...

SMCR Responsibilities – Documenting Risks and Controls

In light of the turbulence caused by the Covid-19 pandemic, SMCR may have been pushed down the priority list for most firms for now. The...