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 five 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.
Available as part of our SMCR Library.
This course will help your Certified Persons to understand:
Versions of this course are available that are tailored to 5 key sectors:
- Honesty, integrity and reputation
- Competence and capability
- Financial soundness
- Exercise: Assessing fitness and propriety
- Fit and proper: Enforcement
-You make the call: Is it a breach of ICR 1?
-You make the call: Is it a breach of ICR 2?
-You make the call: Is it a breach of ICR 3?
-You make the call: Is it a breach of ICR 4?
-You make the call: Is it a breach of ICR 5?
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.
Ability to offer optional test-out, whereby users can choose to skip the course content and complete the learning assignment simply bypassing the assessment.
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.