SeminarMay 01, 2019 | 08:50 - 11:00 GMT | London
The first phase of the Senior Managers’ and Certification Regime (SM&CR) was introduced for about 900 banks and deposit takers in March 2016. On 9 December 2019, the FCA is extending this regime to over 47,000 other firms. The basic principle of the SM&CR is that of responsibility and accountability, it is the antidote to decision-making by default. Firms will need to make changes to their compliance and HR systems and procedures if they are to comply with the rules by the deadline.
In this extended briefing we are joined by David Blunt (Head of Conduct Specialists Department, FCA) who will discuss the purpose of the SM&CR and how it’s really important to prepare for the new regime, ensuing that it is embedded into firms’ DNA as a business as usual process. Breakout sessions will follow involving colleagues from our employment law and compliance teams.
|8:50am to 10:00am||Welcome, followed by David Blunt - Head of Conduct Specialists Department, FCA, and a round up with Norton Rose Fulbright LLP|
|10:00am to 10:15am||Coffee|
|10:15am to 11:00am||Breakout session 1: Compliance perspectives on the SM&CR|
|10:15am to 11:00am||Breakout session 2: Human resources perspectives on the SM&CR|
Who should attend?
The briefings are likely to be of particular value to senior and middle management within financial institutions with responsibility for compliance, capital markets, investment management, legal, risk and trading.
CPD points will be available if required. There is no charge for attending.
The briefings will be recorded via webcast and are available after the briefing.
For further information please email: email@example.com