SMCR Fit & Proper Assessments Training Course

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. Regulators will assess whether they are fit and proper to perform the function allocated to them.

Senior managers are assessed against three main factors to determine fitness and propriety. These key factors are honesty, integrity and reputation, competence and capability and financial soundness.

Our SMCR Fit and Proper Assessments Training Course explains how regulators assess fitness and propriety in senior management.

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SMCR Fit & Proper Assessments Training Course

About this Course

Available as part of our SMCR Course Library.

Learning objectives

This course will prepare you to:

  • Understand how fitness and propriety are assessed, and comply with the requirements, including those for:
    • Honesty, integrity and reputation
    • Competence and capability
    • Financial soundness
  • Understand and comply with the Certification Regime

Course outline

Introduction

What is the SMCR?

Assessing fitness & propriety

Honesty, integrity & reputation

- Scenario: Honesty, integrity & reputation

Competence & capability

- Scenario: Competence & capability

Financial soundness

- Scenario: Financial soundness

The Certificate Regime

- Key questions

Summary

Assessment

Course Specifications

Structure

Structure

Approximately 20-minute long e-learning course followed by a 5-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.

Fast track

Fast Track Option

Ability to offer optional test-out, whereby users can choose to skip the course content and complete the learning assignment simply bypassing the assessment.

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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