Introduction to SMCR Training Course

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

Public outrage forced the UK Government to give new powers to the financial regulators (the PRA and FCA) to improve the UK financial sector's professional standards.

This led to the launch of the Senior Managers and Certified Persons Regime (SMCR).

Our Introduction to SMCR Training Course will help your employees gain a basic understanding of how this regime affects them and your company.

About this Course

Available as part of our SMCR Course Library.

Learning objectives

This course will help your employees to:

Appreciate why an individual accountability regime exists
Understand the three key elements of SMCR:
- Senior Managers Regime
- Certification Regime
- Conduct Rules
Know how the SMCR impacts on your firm

Latest course updates

Major revision and update of course
Adapted to incorporate the FCA's Consumer Duty
Addition of a sixth Individual Conduct Rule

Course Outline

Introduction

The Need for an Individual Accountability Regime

- Do you know: The new regime

Senior Managers Regime (SMR)

- Do you know: SMR

Certification Regime (CR)

- Do you know: CR

Individual Conduct Rules (ICR)

- Do you know: ICR

Senior Manager Conduct Rules

- You make the call: SMCR myth-busting

How does SMCR impact on us?

- Do you know?

Affirmation

Assessment

Course Specifications

Structure

Approximately 10-minute long e-learning course followed by an 8-question assessment.

Audience

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

Design

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

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.