Implementation of the Senior Managers and Certification Regime

This guide outlines essential steps for dual-regulated and FCA solo-regulated firms to effectively implement the Senior Managers and Certification Regime (SMCR). It covers embedding conduct rules, delivering effective training, investigating breaches, mitigating regulatory risks, and taking corrective actions. Firms are encouraged to adapt to remote working challenges while maintaining compliance standards. Stay informed on SMCR trends and legal developments with insights from Morgan Lewis.