Senior Managers & Certification Regime (SM&CR) Training.
Senior Managers and Certification Regime (SM&CR) compliance isn’t just about meeting legal requirements—it’s about shaping resilient, responsible leadership. Our SM&CR training builds a culture of accountability that flows from the top down, fostering transparency, trust, and compliance at every level of your business.
Through dynamic, tailored sessions, we sharpen your leaders’ capabilities in critical areas, including risk management, governance, and making ethical decisions.
Cultivating responsible decision-making
Our Senior Management Certification Regime Training goes beyond an Introduction to SM&CR Regulations. By focusing on practical, real-world scenarios, our experts bring the principles of the SM&CR to life—empowering your leadership team with a and clear and actionable toolkit to manage risk, enforce strong governance, and make decisions that align with ethical standards.
Course overview
Our training is structured into focused modules covering key areas of SM&CR compliance. Each can be delivered in-person or through the Cosegic online portal, with both options expertly designed to offer an engaging and interactive learning experience.
- Understand who SMCR applies to
- Understand your personal responsibilities
- Describe how the scheme works in practice
- Understand your firm’s obligations under the Regime
- Understand who the SM&CR Conduct Rules apply to
- Understand Conduct Rules
- Understand your firm’s obligations under the Conduct Rules
Rule the…
REQUISITES
We take your team through every stage of compliance, from defining the responsibilities of senior managers to ensuring that key employees are certified and fully fit for their roles.
REASONING
Hands-on, real-world scenarios help managers to understand how their SMCR Prescribed Responsibilities translate into their day-to-day roles.
RATIFICATION
Our training equips managers to effectively navigate SMCR Conduct Rules for Certified Staff, ensuring relevant individual meet the Fitness and Propriety requirements.
SM&CR training FAQs
Failure to comply with the SM&CR can lead to the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) imposing heavy fines, sanctions, and even banning senior managers from holding certain roles. This can cause businesses to suffer reputational damage and potential restrictions on their operations.
The three main elements of the SM&CR are:
- Senior Managers Regime (SMR): Under the SMR, each senior manager must have a clear and defined role with a ‘Statement of Responsibility’ describing their duties.
- Certification regime: Businesses must regularly assess and confirm that key employees are adequately qualified and suitable for their roles.
- Conduct rules: A set of guidelines that apply to all employees (not just senior managers) designed to ensure everyone in a regulated firm acts with integrity, professionalism, and transparency.
