SM&CR Document Pack

SM&CR Templates From 9th December 2019, the FCA are extending their Senior Managers & Certification Regime (SM&CR) to apply to all FCA solo-regulated firms (including insurers and CMC’s) authorised under Financial Services and Markets Act 2000. The SM&CR will replace the current APER requirements and incorporate the fitness and propriety rules. Rolled out to the banking sector in 2016, the FCA’s aim in extending the SM&CR is to ‘reduce harm to consumers and strengthen market integrity by creating a system that enables firms and regulators to hold people to account’.

The FCA have already published a detailed SMCR Guidance Document to help firms assess which firm type they are; what Senior Management Functions (SMFs) and Prescribed Responsibilities (PRs) apply; how to assess fitness and propriety and complying with the Conduct Rules. They have also provided a SMCR Checklist to bring together the information and help firms with what they need to do to implement the regime.

For firms who don’t want to reinvent the wheel by writing all of their own documents and policies, Know Your Compliance Limited provide regulatory compliance content that is fully customisable and helps organisations to meet the myriad of controls, requirements and expectations set by regulators such as the FCA.

SMCR Templates Our SM&CR Document Pack provides the same standard of high quality content and easy to use formats already used by over 3000 organisations in regulated industries and offers templates and policies for areas such as assessing fitness and propriety, adequately documenting management responsibilties & SM functions, applying the certification regime to the correct employees and documenting and evidencing compliance with the SM&CR.

The SMCR Document Pack is available to download instantly after payment has been made and a VAT invoice is provided with all orders. If the rules and regulations are added to or amended in the future, we also provide free updates via email, so you can be assured of ongoing compliance with the latest requirements.

We also offer supporting compliance packs to several of the Prescribed Responsibilities obligations for firms who do not already have these policies and templates in place.

(d) – Responsibility for the firm’s policies & procedures for countering the risk that the firm might be used to further financial crime – See our AML Toolkits
(z) – Responsibility for the firm’s compliance with CASS – See our CASS Manual
(j-3) – For firms outsourcing its internal audit function (outsourcing, due diligence & conflicts of interest) – See our Supporting Policies

SM&CR PACK CONTENTS

Instruction Sheet
SM&CR Policy Document
Firm Type Assessment Guide (new)
Certification Functions Certificate Template (new)
Statement of Responsibilities Template
Management Responsibilities Map Template
FIT Assesment Process & Record
SMF Handover Policy
SM Register Template
SMF Due Diligence Checklist
SMF Due Diligence Questionnaire
SMF Induction Checklist
Conduct Rules Policy
Conduct Rules Training Guidance (new)
Training & Development Policy (new)
Training Evaluation Template (new)
Training Log Template (new)
Whistleblowing Policy (new)

Our complete pack is only £145+vat, making it affordable for firms of all scope and size.

SM&CR DOCUMENT PACK

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