Understanding SMCR for FCA Regulated Insurance Firms - In 30 Minutes

Introduction

The Senior Management & Certification Regime remains one of the major components of regulation by the Financial Conduct Authority (‘FCA’).

The regime is designed to improve professional standards and accountability throughout the industry.

Clear individual accountability should focus minds, drive up standards, and make firms easier to run and to supervise.

Sanctions can be serious, so it is therefore imperative that senior managers and certification regime staff understand what is required of them.

Despite this there are still areas of ambiguity which this course aims to resolve.

This short webinar is ideal for senior managers and certification staff working in an FCA regulated insurance firm, with operation in the UK.

What You Will Learn

This short webinar will cover the following:

• Senior manager functions for insurance
• Statements of responsibilities and prescribed responsibilities
• Evidencing ‘reasonable steps’ in line with the duty of responsibility
• Conducting fit and proper assessments
• Practicalities of certificating your staff
• Conduct rules - dealing with breaches

This pre-recorded webinar will be available to view from Tuesday 26th August 2025

Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.