Join us for a breakfast seminar to discuss SMCR: Easy as abc?
Focus on accountability, behaviour and customer
Undoubtedly, the first wave implementation of the Senior Managers and Certification Regime (SMCR) has promoted a renewed focus on strengthening individual accountability and responsibility, within those institutions captured by the regime from the beginning.
The drive to comply with SMCR is helping to raise governance minimum standards across financial services providers in line with regulatory expectations.
But what are the challenges and lessons learnt that second wave implementers need to be aware of?
Has the implementation effort, however, been predominantly skewed towards choosing the right senior manager population and preparing the required documentation, such as the Management Responsibility Map (MRM) and the Statements of Responsibility (SoRs)?
In the endeavour to fully embed SMCR, how dynamic is the interaction between governance, organisational culture and conduct of business?
Is deriving business benefit from SMCR ultimately dependent on fostering the ‘right’ behaviours and a sharp focus on the customer?
Join us on Wednesday, 8th May to discuss these and other questions with our keynote speaker from the FCA, David Blunt, Head of Department / Conduct Specialists / Supervision and our panel of industry practitioners.