The senior managers and certification regime (SM&CR) applies on a mandatory basis to all authorised firms since 9 December 2019. HR teams will be at the forefront of implementation of SM&CR and so our employment law team have created a comprehensive outline guide for firms (other than insurers) on best practice compliance with the new regime.
Below is the checklist of essential steps HR teams should take to ensure they are ready for the senior managers and certification regime, which applies to all regulated firms.
Senior Managers and Certification Regime - An essential checklist for HR teams