SMCR Compliance e-Learning courses

Our CPD-accredited online SMCR e-Learning courses are bespoke to each firm type (Limited Scope, Core or Enhanced), created by compliance experts at RQC Group. Completion of our interactive, easy-to-use Senior Managers course, Certification course or Conduct Rules course fulfils the FCA requirement to train all employees on the Conduct Rules on at least an annual basis.

SMCR Compliance e-Learning courses

Our CPD-accredited online SMCR e-Learning courses are bespoke to each firm type (Limited Scope, Core or Enhanced), created by compliance experts at RQC Group. Completion of our interactive, easy-to-use Senior Managers course, Certification course or Conduct Rules course fulfils the FCA requirement to train all employees on the Conduct Rules on at least an annual basis.

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What is SMCR?

The Senior Managers and Certification Regime (SMCR) replaced the Approved Persons Regime for all FCA registered firms on 9 December 2019.

It marks a significant shift in the way that the UK regulators supervise and monitor the activities of individuals that work in the financial services sector.

SMCR solutions tailored to your firm's classification

Our offering is created by compliance experts who advise firms on their regulatory obligations on a daily basis, so we are best placed to understand the regulatory needs of firms and how SMCR impacts them.

We have created our toolkits and CPD accredited online training courses to ensure that implementation can be carried out swiftly and effectively, while making sure that it is appropriate depending on a firm's classification.

Not sure what firm you are?

If you are unsure what category your firm is please contact us or use our helpful diagram from the FCA

Featured e-Learning courses
SMCR
FAQs
  • What is SMCR?

    SMCR – also known as SM&CR - refers to the Senior Managers and Certification Regime.

    SMCR represents a significant shift in the way that the UK regulators supervise and monitor the activities of individuals that work in the financial services sector and/or conduct financial services related activities.

    In particular, the UK regulators have an ambition to improve ‘cultural behaviour’ at regulated firms and SMCR is a key component in this. SMCR affects almost everyone that works within financial services.

  • What are the aims of the senior managers and certification regime SMCR?

    The SMCR is part of the UK regulators' drive to improve culture, governance and accountability within financial services firms. It aims to deter misconduct by improving individual accountability and awareness of conduct issues across firms.

  • Who does the SMCR apply to?

    SMCR applies to a majority of individuals that work in the UK financial services industry, or work for a firm providing financial services, including some individuals that are based overseas.

  • What does SMCR mean for senior managers?

    Under the SMCR, "senior managers" are individuals who perform one of the senior management functions designated by the FCA. Senior Managers are subject to a number of obligations and need to be approved by the FCA and/or the PRA to carry out their senior management function(s).

  • What is the aim of SMCR?

    The SMCR's overarching aim is to reduce harm to consumers and to strengthen market integrity. This is achieved by raising the standards of conduct for everyone who works in financial services, and by making senior people in firms more responsible and accountable for their conduct, actions and competence.