Understanding the Senior Managers & Certification Regime

The session presented by Zing 365 will give you an in-depth overview of the Senior Managers & Certification Regime (SM&CR) as applied to general insurance intermediaries.

The course focuses upon the implications for “Core” organisations. To set the scene we will take a look at the background and context of why the Senior Managers & Certification Regime framework was developed and implemented.

We will then explore the 3 main elements of Senior Managers & Certification Regime and their practical application and implications:

1. The Senior Managers Regime – including Senior Management Functions (SMFs) and Prescribed Responsibilities (PRs)

2. The Certification Regime – including Certification Functions

3. The Conduct rules – and their application to almost all employees

Learning Objectives

By the end of the session, participants will be able to:

• Understand the background of the Senior Managers & Certification Regime
• Describe in general terms the main features of the Senior Managers & Certification Regime
• Demonstrate an understanding of what the FCA expects of firms in order to comply with the requirements

Please note that the joining instructions for this CPD Event will be emailed to you 24 hours before the event