Banks, building societies, credit unions and designated investment firms have been subject to SM&CR since 2016. In December 2018 the Regime extended to dual-regulated insurers and their managing agents.
In December 2019, a further extension now means that almost all FCA regulated financial services firms have requirements under the regime, including consumer credit and claims management companies (CMCs).contact us read brochure
Most staff in your firm will also need to undertake training in the Conduct Rules too.
With Access LMS, you can automatically assign fit and proper assessments to be completed by individuals online, which can then be sent to managers to sign off through a workflow.
Access LMS has a powerful SMR and CR tool to assist you with the task. Easy allocation of the functions and responsibilities can be achieved in just a few clicks with a full audit tracking facility.
Our SMR and CR tool can auto-generate a declaration that can be sent to those that need to review and accept.
If your firm is dual-regulated or subject to the Enhanced Regime, you must produce and submit a RM. We have a tool that will seamlessly assist you with this task with easy editing, shared and interim responsibilities allocation plus full audit and tracking functionality.
Our learning management system (LMS) solutions can help you meet all the demands of the regime with easy to navigate platforms, delivering eLearning and tools that cover requirements for all staff under the regime.
Reduce risk and safeguard your business with market-leading eLearning courses designed to meet the needs of any business operating in the Financial Services sector - find out more
Our eLearning courses are a cost effective solution to ensure all relevant staff have the training needed to comply with the Senior Managers and Certification Regime (SM&CR) and Conduct Rules (which now applies to most staff in FCA-regulated firms).
Working in collaboration with industry-leading experts Financial Services Training Partners (FSTP), our Conduct Rules eLearning enables users to select from one of over 50 examples to see a case study tailored to their role, demonstrating how the Conduct Rules will apply to them (part of the FCA's requirement).
Our joint solution provides flexible support, from help with understanding what information needs uploading to the SM&CR tool, to facilitating a board meeting or deciding who is taking which prescribed and other responsibilities. It enables you to make the best use of the technology to evidence SM&CR requirements and free up resource to deliver business as usual.
You can take a holistic approach to the support services on offer or just pick the ones that you need for your business.