senior managers and certification regime online learning

Senior Managers and Certification Regime – Online Learning

To put it simply, it’s important to ensure regulatory compliance with the Senior Managers and Certification Regime regulations. With this e-learning course:

  • Gain a comprehensive understanding of the Senior Managers and Certification Regime (SM&CR) and its implications in the financial services industry
  • Review the various responsibilities and roles under the SM&CR
  • Identify individuals who fall under the SM&CR and the reasons for their inclusion, including senior executives, managers, and individuals involved in regulated activities
  • Explore the fit and proper requirements set forth by the SMCR
  • Describe the individual conduct rules and who they apply to
  • Explain the senior manager conduct rules and who they apply to

Course Introduction

The goal of the Senior Managers and Certification Regime (SM&CR or SMCR) is to:

  • reduce harm to consumers
  • strengthen market integrity

It aims to do this by encouraging individuals to take personal responsibility for their actions and making them more accountable for their conduct and competence. In order to do this, individuals, and firms, clearly need to understand and be able to demonstrate, where their responsibilities lie.

This SMCR – Senior Managers and Certification Regime e-learning course aims to raise awareness of this FCA regulatory requirement for your employees.

Course Content

Module 1 – Understanding the Senior Managers and Certification Regime
  • Review how the SM&CR came about
  • Explore what the SM&CR aim to achieve
  • Establish who SM&CR applies to
  • Identify the three main areas of SM&CR.
Module 2 – The Senior Management Regime
  • Understand why Senior Managers need to be approved
  • Compare the relationship between Senior Manager Functions and Controlled Functions
  • Review what a Statement of Responsibility is and what it includes
  • Explore what Prescribed Responsibilities are
  • Look At an example of the extra responsibilities that Enhanced firms, Solvency II firms and large NDFs have.
Module 3 – The Certification Regime
  • Explore who the Certification Regime applies to
  • Identify who operates the Certification Regime and how often
  • Establish when a Senior Manager also comes under the Certification Regime.
  • Review an example of a function that would need to be certified.
Module 4 – Fit and Proper to Carry on a Function
  • Review who must be classed as fit and proper to carry out their role
  • Explore three areas of the fit and proper test
  • Understand when criminal records check must be carried out
  • Establish what Regulatory references are and when they are required.
Module 5 – Conduct Rules – Case Studies
  • Identify who the Individual Conduct Rules apply to
  • Review an example of a person Individual Conduct Rules wouldn’t apply to
  • Establish what the Individual Conduct Rules set out to achieve
  • Explore when the Individual Conduct Rules apply
  • Understand how the Individual Conduct Rules differ from the Senior Managers Conduct Rules.
Module 6 – Senior Manager Conduct Rules – Case Studies (may be left out for some roles)
  • Explore how the Senior Managers Conduct Rules differ from the Individual Conduct Rules
  • Understand which rules Senior Managers must comply with
  • Identify what a Prescribed Responsibility is
  • Review the Individual Conduct Rules and Senior Manager Conduct Rules reporting procedure.
Module 7 – Assessment and CPD certificate
  • A chance to test your knowledge of the topic with scoring
  • The e-learning course comes with free CPD certificates for the learners


All content can be adapted and altered to suit your needs. Courses are white-label as standard, but can include logos and branding where required. We can also provide AI generated language translations on demand.


All content is regularly reviewed and updated to ensure technical accuracy, best practice and legal compliance for your learners. Updates are all automatically made to content.


Your employees will receive personalised and dated certificates upon successful completion of our CPD certified e-learning courses. All courses have relevant accreditations.


Deliver e-learning courses via your own branded learning portal provided by us or upload our regularly updated courses to your own LMS if you would prefer.

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