The FCA’s SMCR was designed to improve accountability in the financial services industry. Given the FCA’s increased focus on consumer and market integrity, firms must prioritize their accountability practices, leaning into solutions and resources designed to achieve the FCA’s expected outcomes.
Establish and maintain your Senior Manager Regime obligations with a single platform for assigning functions, logging roles, and tracking responsibilities.
Monitor and control the certification process while making it easy for your employees to complete assessments. Conduct fitness and propriety assessments, monitor status, and certify senior managers through the creation and distribution of digital SMCR forms.
Foster a culture of compliance with documented reporting lines, responsibilities, and conduct rules. Demonstrate firm structure and reporting lines with responsibility maps and the FCA persons directory.
“ComplySci has got buy-in from the firm, including senior leaders, which is a testament to the ease-of-use of the system and the interface. The entire firm has managed to use ComplySci without the need for training. This is a huge win!” – Iain Colquhoun, Sona Asset Management
“Wearing two hats, I was very busy doing manual compliance tasks which were not the best use of my time and there were other things I could be doing that would be more beneficial to the firm. I knew the way we were doing things before was never going to scale going forward, considering our aspirations for growth.” – David Becker, CFIP
Integrated direct broker feeds from more than 300 brokerage firms and a robust data normalization process provide unrivaled information accuracy and dependability.
The senior managers within your firm have a duty to your customers. We have a duty to you. Meet the compliance partner capable of helping you achieve and maintain compliance with FCA standards, including SMCR.
Download COMPLY’s SMCR and IAR Guide for a look at various individual accountability regimes the requirements for firms.
