FCA’s SMCR Rules & Guidance
For more information on how to comply with the FCA’s Senior Managers Certification Regime (SMCR) or what rules and regulations firms must follow, you can visit the regulators website at their SMCR Page.
If you would like to read more about our exclusive SMCR Template Pack, click the link below to be taken to the SMCR Product page where you can read what is included in the pack.
- SMCR Policy Template Toolkit £145.00 (ex vat)
There are 3 tiers under the SM&CR:
- Core: firms in this tier must comply with the baseline requirements.
- Enhanced: this applies to a small number of firms whose size, complexity and potential impact on consumers or markets warrant more attention. These firms have extra requirements.
- Limited Scope: this applies to firms who already had/have exemptions under the Approved Persons Regime. These firms are exempt from some baseline requirements and typically have fewer senior management functions.