SMCR 3-Step Training Roadmap
Our 3-step training roadmap to get your firm SMCR ready:
Step 1: Start with a short 3-minute video "Are you aware of SMCR?" to engage with all your Conduct Rule Staff.
Step 1.a: For Senior Managers (SMs) this can be supplemented with an Overview of SMCR. Since the SMs will typically have had face to face briefings this module can be in test out mode, whereby knowledgeable individuals can optionally bypass the course content to demonstrate their knowledge in the assessment.
Step 2: Embed deep knowledge of conduct rules that's required for compliance with SMCR. This course needs to be delivered in customised versions for at least three broad categories of individuals: SMs, Certified Persons (CPs), and others. Skillcast provides these categories and more - eg Corporate Finance and Global Markets, should you choose to tailor the training further
Step 2.a: Alongside the conduct rules course, we recommend that you offer training on whistleblowing that's such an important and related issue with SMCR. This two comes in two versions: one for all staff and another for SMs.
Step 3: Re-engage your staff with ongoing ethics and compliance training. You may have been doing this training already, but you may want to review that to identify any gaps in this training. Skillcast offers the comprehensive list of training modules to help you to address such gaps, and these modules can be tailored to your business and into categories of individuals very easily.
Want to know more about SM&CR?
If you've any further questions or concerns about SM&CR, just leave us a comment below this blog. We are happy to help!