SMCR Certified Persons Conduct Rules Training Course 

The FCA categorises a number of Senior Management Functions (SMFs). But other roles could still cause significant harm to a firm or its customers. Those who carry out these roles are deemed as Certified Persons.

Certified Persons do not need to be approved by the FCA, but firms need to check and certify that they are fit and proper to perform their role. This has to be done at least once a year.

A cornerstone of the regime is a set of six Individual Conduct Rules that apply to all individuals working in financial services.

This SMCR Conduct Rule course helps your Certified Persons to learn about these rules, their contraventions and their application in practical situations.

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SMCR Conduct Rules Training for Certified Persons

About this Course

Available as part of our SMCR Course Library.

Learning objectives

This course will help your Certified Persons to understand:

  • The purpose of SMCR and Conduct Rules
  • What a Solo-Regulated Core Firm is
  • Why they are a Certified Person and have been assigned this course
  • Fit and proper requirements and how to comply with them:
    - Senior Managers Regime
    - Certification Regime
    - Conduct Rules
  • FCA Conduct Rules that apply to each Certified Person
  • How to comply with the Conduct Rules in their workplace and role

Latest Course Updates

  • Major revision and update of course
  • Adapted to incorporate the FCA's Consumer Duty
  • Addition of a sixth Individual Conduct Rule
  • Content made suitable for all SMCR firm types

Course outline


The Purpose of Conduct Rules & SMCR


The New Accountability Regime

Fit & Proper Assessment

- Honesty, integrity and reputation
- Competence and capability
- Financial soundness
- Exercise: Assessing fitness and propriety
- Fit and proper: Enforcement

The Conduct Rules

Individual Conduct Rule 1

-You make the call: Is it a breach of ICR 1?

Individual Conduct Rule 2

-You make the call: Is it a breach of ICR 2?

Individual Conduct Rule 3

-You make the call: Is it a breach of ICR 3?

Individual Conduct Rule 4

-You make the call: Is it a breach of ICR 4?

Individual Conduct Rule 5

-You make the call: Is it a breach of ICR 5?



Course Specifications



Approximately 30-minute long e-learning course followed by a 12-question assessment



Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.



SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via your client style sheet.



All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.



Fully customisable on Skillcast Portal CMS.



Pre-translated versions not available, but all text content can be exported for translation into all languages.



Based on UK legislation, but suitable for global audiences upon the removal of UK-specific references and translation as necessary.

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