Day 17 July 2025

SMCR Myths & Facts

Myths and Facts

With lots of information coming out from from the latest FCA announcement we have looked at the Myths and Facts…

Senior Manager Functions (SMFs): The Proposed Changes

Financial regulation compliance - FOS fee reform and FCA redress changes affecting senior managersFinancial regulation compliance - FOS fee reform and FCA redress changes affecting senior managersSenior Managers Office

The Senior Manager Regime covers the most senior decision-makers in financial services firms. The aim is individual accountability for holding…

SMCR: Scope, Enhanced Scope /Limited Scope Firms, and Reducing Burden

Compliance

SMCR scope changes have major implications for enhanced and limited scope firms. This article outlines the latest updates, explains the…

SMCR – Certification and Certified Persons, Significant Harm Functions

Documents Verification

The Certification Regime currently requires firms to certify many mid- and upper-level staff – not just SMFs – as ‘fit…