SMCR Compliance E-learning Courses for Financial Services

Build confidence in your Senior Managers and Certification Regime (SMCR) compliance with our specific courses to support your needs. Browse our course library below to see how we can help.

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About the Senior Managers and Certification Regime (SMCR)

Since its introduction, the Senior Managers and Certification Regime (SMCR) has been a key regulation for all banking, insurance, and financial services firms

There are three key parts to the SMCR: Senior Managers Regime, Certification Regime and Conduct Rules.

Senior Managers Regime

This enforces a detailed and clear allocation of responsibilities between Senior Managers at each firm, with particular emphasis placed on key documents; 'Statements of Responsibilities' and 'Responsibilities Maps'. These help to record the distribution of responsibility to individual Senior Managers and demonstrate to the regulators that there are no gaps or excessive overlaps.

Always bear in mind that Senior Managers have a statutory duty of responsibility "to take reasonable steps to prevent regulatory breaches in the areas of the firm for which they are responsible".

Certification Regime

This requires firms to check and confirm that employees performing roles relating to the firm's regulated activities are fit and proper based on their qualifications, competence and personal characteristics.

Once this has been confirmed, the firm needs to issue the employees with a certificate that must be renewed every year.

Conduct Rules

These consist of a set of rules provided in the FCA's Code of Conduct Handbook (COCON) that covers all individuals: Senior Managers, Certified Persons and other employees.

Is our SMCR Compliance library right for you?

Our extensive collection of e-learning modules aims to raise awareness and understanding of the Conduct Rules, ensuring a deeper comprehension of how these rules apply to each employee, as required by the FCA.

We offer tailored versions of each course to meet the diverse regulatory needs of dual-regulated firms (banking, insurance) and solo-regulated firms (Core, Enhanced, Limited Scope).

You can host the library on our fully managed LMS portal or your existing LMS. If you need to tailor any of the content to better suit your company, you can customise this library by exploring our bespoke training options.

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What you'll find in our SMCR library

See what's included in our Senior Managers and CertificationRegime library below. Looking for something specific? Use the search bar to find what you need. If you have any questions, reach out to us and tell us more about your needs - we're happy to help.

SM&CR in Practice

In-depth 75 Minutes UK For managers

The Senior Managers and Certification Regime (SM&CR) is designed to improve accountability, governance and culture in financial services firms.

Conduct Rules for Senior Managers at Insurance Firms

In-depth 60 Minutes UK For managers

Under the Senior Managers Regime, all senior managers must comply with the FCA's six Individual Conduct Rules (ICRs) and four Senior Managers Rules (SMRs).

Conduct Rules for Senior Managers at FCA Solo Firms

In-depth 60 Minutes UK For managers

Under the Senior Managers Regime, all senior managers must comply with the FCA's six Individual Conduct Rules (ICRs) and four Senior Managers Rules (SMRs).

Overview of SM&CR for Dual Regulated Firms

In-depth 30 Minutes UK For all staff

Our SMCR Overview training course will help your employees understand the key steps needed to comply with the regime.

Conduct Rules for Non-Executive Directors (NEDs)

In-depth 30 Minutes UK For managers

NEDs are an important part of a firm's governance and provide independence and oversight.

Meeting the Conduct Rules in FCA Solo Regulated Firms

In-depth 25 Minutes UK For all staff

The Conduct Rules are a fundamental aspect of the SMCR.

Meeting the Conduct Rules in Dual Regulated Firms

In-depth 25 Minutes UK For all staff

The Conduct Rules are a fundamental aspect of the SMCR.

Fit and Proper Assessments

Express 20 Minutes UK For all staff

In order to perform a Senior Management Function (SMF), Senior Managers need to be approved by the FCA and, for dual regulated firms, the PRA.

Non-Financial Misconduct

Express 15 Minutes UK For all staff

Non-financial misconduct is behaviour that is unrelated to regulated activities, including serious offences such as harassment, bullying, sexual discrimination and sexual misconduct The FCA has indicated it is prepared to consider non-financial misconduct when assessing fitness and propriety.

Introduction to the Senior Managers and Certification Regime (SM&CR)

Express 10 Minutes UK For all staff

The UK's financial services sector has been rocked over the past decade by scandals ranging from misselling to market manipulation.

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Learn why Kentro Capital chose Skillcast to digitise their SMCR compliance requirements

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