In this episode Compliance Tyler, founder of The Conduct Mind looks at the extension of the SMCR to FCA-solo regulated firms There are 3 components to the Accountability Regime:
• The senior managers regime - enhances the accountability and responsibilities of senior managers
• The certification regime - puts the responsibility on the firm to 'certify' that individuals (who are not senior managers but whose jobs mean they can have a significant impact on customers, the firm or market integrity) are 'fit and proper'
• Conduct rules - a set of enforceable behavioural standards to apply to senior individuals and employees.
If you need with the SMCR Project please email Tyler Woollard on firstname.lastname@example.org. Please visit our website: theconductmind.com