SMCR Overview Training Course

Our SMCR Overview training course will help your employees understand the key steps needed to comply with the regime. That includes:

  • Preparing a Statement of Responsibilities
  • Pre-approval of Senior Managers by the regulators
  • Reasonable steps needed to stop regulatory breaches
  • Identification of all Certified Persons
  • Fit and proper assessment of all Certified Persons
  • Ensuring Senior Managers understand the duty of responsibility

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SMCR Overview Training Course
SMCR Course Library

About this Course

Available as part of our SMCR Library.

Learning Objectives

This course will help your employees to:

  • Become aware of the Senior Management Functions and the allocation of responsibilities in your Company
  • Understand and comply with the Conduct Rules
  • Understand and comply with the Certification Regime
  • Understand the importance of the Statements of Responsibilities
  • Understand fitness & propriety assessments then comply with the requirements

Course Versions

Versions of this course are available that are tailored to 5 key sectors:

  • Banking
  • Insurance
  • Solo-regulated Core
  • Solo-regulated Enhanced
  • Solo-regulated Limited Scope


Course outline


What is SMCR?

- The 3 key elements
- Does SMR apply to you?
- Can managers share an SMF?

Time-limited Approval

Allocation of Responsibilities

- What do you think: Is he accountable?
- What are Prescribed Responsibilities?
- Allocating responsibilities process flow
- What do you think: Can these managers share an SMF?

NEDs and the Chairman

-You make the call: Is NED or SM responsible?

Transition from APER to SMCR

Statement of Responsibilities

Duty of Responsibility

- Evidence
- Reasonably expected steps
- Preventive measures

Assessing Fitness & Propriety

- Honesty, integrity and reputation
- Competence and capability
- Financial soundness

The Certification Regime

Conduct Rules

- Individual Conduct Rules
- Senior Manager Conduct Rules
- Compliance with Conduct Rules
- Senior Manager compliance



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 to achieve compliance success.

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Course Specifications



Approximately 50-minute long e-learning course followed by a 10-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.