SM&CR Compliance | FCA Documents | SMCR Toolkit

SMCR implementation does not have to be complex or expensive. We have been helping regulated firms meet their compliance obligations for 6+ years and know that whenever a new regulation or regime is published, it is soon followed by hundreds of organisations trying to ‘cash-in’ on a geniune need for information and resources.  Know Your […]

Anti Money Laundering Policy Template

We have designed 3 main anti-money laundering template packs for firms with differing needs and scopes. Starting with our standard Anti-Money Laundering Policy, which includes extensive content for HMRC, FCA and other supervisory body compliance. The pack also includes a detailed AML risk assessment template. Our complete AML toolkit is our bestselling AML package and […]

UK GDPR & Data Protection After Brexit

The UK officially left the European Union (EU) on 31st January 2020 and entered into the transition period of Brexit, which is currently due to end on 31st December 2020. During the transition period, the GDPR will still apply to any business and organisation that processes personal data. As the GDPR is an EU Regulation, […]

Anti Money Laundering Policy Template

Anti-money laundering is a general term that refers to legislation, regulations, requirements and rules on preventing terrorist financing, money laundering and criminal activities relating to money and transactions. Firms with obligations under these rules (i.e. the Money Laundering Regulations (MLR17) in the UK), are expected to put controls, tools and policies into place to identify […]

Anti Money Laundering Regulations

If you have obligations under The Money Laundering Regulations 2017 (MLR17), you will need to have compliant policies, measures and processes in place to meet those obligations. Whether your Supervisory Authority is the FCA, HMRC or Gambling Commission, many of the requirements set by these bodies come from the MLR17 and require firms to have […]

SMCR for Solo-Regulated Firms

The FCA have now extended the Senior Managers and Certification Regime (SM&CR) to approx 47,000 firms from 9th December 2019, which includes senior managers and certification staff within those firms. The extension of the SMCR aims to make Senior Managers and certain employees within financial services organisations accountable for their own actions and competence. Those […]

How to Write a Certificate for Certification Functions

Certification Functions are those that cover specific functions that are not not specified as Senior Management Functions, but that can still have a significant impact on customers, the firm and/or market integrity. The FCA does not approve those individuals performing certification functions in the same way that they do Senior Managers. Instead, the firm itself […]

Anti Money Laundering Checklist

If you are required to comply with the MLR17, we have developed a Anti Money Laundering Checklist that contains over 60 assessment questions and helps firms to assess their compliance with the money laundering and financial crime legislation and regulations. Covering areas such as policies and procedures, transactions, internal controls, training, risk assessment and due […]