SMCR Senior Managers Conduct Rules Training Course

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).

Senior Managers are expected to comply with all 10 Conduct Rules and take 'reasonable steps' to prevent breaches.

Our SMCR Conduct Rules Course helps your Senior Managers to learn about the rules, their contraventions and their application in practical situations.

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SMCR Senior Managers Conduct Rules Training Course

About this Course

Available as part of our SMCR Course Library.

Learning objectives

This course will help your senior managers to:

  • Understand the three key elements of SMCR:
    - Honesty, integrity and reputation
    - Competence and capability
    - Financial soundness
  • Understand the FCA Conduct Rules that apply to each Senior Manager
  • Comply with Conduct Rules within their allocated responsibilities

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

Introduction

What are the Conduct Rules for Senior Managers?

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?

Senior Manager Conduct Rule 1

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

Senior Manager Conduct Rule 2

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

Senior Manager Conduct Rule 3

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

Senior Manager Conduct Rule 4

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

Senior Manager Conduct Rule 5

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

Summary

Assessment

Course Specifications

Structure

Structure

Approximately 40-minute long e-learning course followed by a 10-question assessment.

Audience

Audience

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

Design

Design

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

Compatibility

Compatibility

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.

Tailoring

Tailoring

Fully customisable on Skillcast Portal CMS.

Translation

Translation

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

Localisation

Localisation

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

Compliance Essentials

Our comprehensive off-the-shelf compliance solution of 30+ in-depth courses and dozens of microlearning modules helps companies from SMEs to global corporates achieve compliance success.

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