Senior Managers and Certification Regime (SM&CR)

The purpose of Senior Managers & Certification Regime (SM&CR) is to increase the level of individual accountability and set clear standards for conduct of staff within financial services firms.

The aim is to stimulate a culture within firms in which staff, regardless of their seniority, take personal responsibility for their actions, whilst also understanding and being able to demonstrate where ultimate responsibility lies. Where successfully implemented, this will lead to increased market integrity and reduce harm to consumers.

Please download the brochure below for more information.


SMCR brochure
SMCR brochure