On Demand: Compliance & Conversation – SMCR struggles – what does the SMCR extension mean for you?
On July 3, 2024, Global Relay hosted its annual Compliance & Conversation event, where compliance professionals and industry experts convened to discuss the new challenges and priorities at the fore of the regulatory landscape.
Written by a human
Watch again
Partners at Ibex Compliance LLP, Seung Earm and Mark Taylor, sat down to speak on the Senior Managers and Certification Regime (SMCR) discussion paper, dissecting the challenges firms may face as the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) look to seek feedback and make improvements.
Tune in to understand more about how firms and senior managers within financial institutions must be aware of the myriad of responsibilities they adopt in order to deter misconduct, facilitate a positive working culture, and enact good governance practices overall. Watch to hear:
- The challenges that arise with the onset of regulatory adjustments
- How firms must implement background checks on all candidates, where high-risk individuals must be checked by the FCA
- Why non-financial misconduct must be on the SMCR agenda
- That senior managers must be vigilant and understand the myriad of responsibilities they have to take on
We ensure all our client’s operations and comms structures are compliant and regulator-ready. Our product portfolio spans unified communications to Connectors, allowing you to archive, monitor and securely store data across a multitude of venues.
