Category Archives: Information Update

SM&CR Checklist – Senior Managers and Certification Regime

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Senior Managers & Certification Regime – List of Regulatory Terms

List of Regulatory Terms for the FCA Senior Managers & Certification Regime (SM&CR/SMCR) Term Description Ancillary Staff Employees who are not covered by the Conduct Rules, such as cleaners, receptionists, catering staff and security staff. Certification Function A function performed by employees who could pose a risk of significant harm to the firm or its […]

Advisers Miss the new PROD Rules – Quoted Post

Senior Managers Regime 2018, senior managers regime summary

Just 5% of advisers aware of PROD obligations – IRESS 70% unsure if they can fully comply Mark Loosmore: “Advisers need to take notice of PROD. It is no longer guidance – it is rules based now.” Tom Ellis @tellisthenews 30 August 2018 Full Article at Just one-in-20 (5%) advisers are aware of their […]

Compliance Consultant fairer Associate Payments for UK Financial Services professional consultants and contractors

Are you a professional UK Regulatory Consultant or Contractor? Want To Earn More Money? Many consultancies provide work for contractors and consultants in the financial services regulatory compliance space, but very few invite them to share in the profits. We believe that if you introduce the work to us, you should benefit above and beyond […]

Making Compliance Work: Impending Actions List For Senior Managers Regime 2018

senior managers regime summary

Impending Actions list: Senior Managers Regime 2018 It is proposed that the FCA Senior Managers & Certification Regime (SMCR) which was previously introduced for banks will be extended to all FCA solo-regulated companies. The near final rules have been published by the FCA, and relate to FCA solo-regulated firms commencing on 9 December 2019. This […]

Making Compliance Work: New FCA SMCR Directory Consultation

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Following the extension of the Senior Managers Regime 2018 (SMCR), the change from the current FCA Approved Persons Regimes (APER), the number of individuals on the existing Financial Services Register (“FCA Register”) will dramatically reduce, as only specified Senior Manager roles at regulated and authorised firms will be required to be approved by the FCA and therefore appear on the Register. All regulated firms will in future, be in charge of certifying the suitability, skills, fitness and propriety of their own people to the FCA. Read More ….

Become a Health Advocate With Nutrition Certification!

Anyone would love to have a healthy body and it is always the start of a healthy nation. Many would always ask how to stay healthy and firm even if without eating most expensive foods and vitamins where only the rich people can afford to buy. Achieving a healthy body is not about the cost […]

How to Combat Diabetes With Technology

Discovering that you have to live with a condition such as diabetes for the rest of your life can be tough to accept. Living with a chronic condition like diabetes can be cumbersome, especially if it requires constant monitoring and care. While technology has not advanced as much to cure diabetes entirely, it has advanced […]

Ideas to Add Some Fun to Your Fitness Program

Finding fun fitness ideas is such a wide open proposition because there are so different ways to engage in exercise related activities which produce results and to have fun at the same time. Exercising does not have to be boring and unexciting as there are many ways to get your body moving where you can […]

Corporate Mission Statements

Mission statements have become a very common business tool with more than 50% of the companies in USA and UK having some form of mission statement. It has been realized that there is a need to clarify to the employees the purpose and philosophy of the company. The recognition of the importance of organization culture […]