Senior Managers Regime

04 Sep London, United Kingdom 09:00AM - 10:30AM


The extension of the FCA’s Senior Managers & Certification Regime beyond banks and insurers to the rest of the financial sector is a major regulatory development for affected firms.  It will require all firms within some six to nine months:

  • To formally allocate responsibilities to senior managers, and record them on formal regulatory job descriptions.
  • To become the direct regulator of middle managers and customer-facing staff with responsibility to ensure they are fit and proper.
  • To ensure nearly all staff understand and follow the FCA’s conduct rules.

This seminar will cover the new regime, offering clear and practical guidance on:

  • How to identify and categorise affected staff.
  • Preparing formal regulatory job descriptions and (if required) an overall responsibilities map.
  • Helping senior management to understand the practical meaning of the new duty of responsibility.
  • Training staff on the new rules.
  • Amending contracts of employment and embedding the changes in HR procedures.
  • Establishing and running a project to ensure successful implementation.

This seminar, being held at our Cannon Place offices in London, is free to attend.  Please contact us for further details and place availability.