Many organizations are considering and evaluating the use of technology to support their SMCR journey including mapping and managing the status of regulatory responsibilities for senior managers as per the FCA Senior Manager’s Regime.
Companies end up internally developing systems that do not meet best practices in technology or using learning management systems or systems built for continuous professional development (CPD) to cover the regulatory requirements. Most end up adopting solutions that do not have the required functionalities to systemize or digitize the SMCR processes like creating a comprehensive SMCR organogram that clearly visualizes the regime.
Watch this recording to get a clear view on how to manage the SMCR (Senior Managers and Certification Regime) compliance using technology.
Escaping the SMCR Quagmire is presented by Michael Rasmussen, an internationally recognised pundit on governance, risk management and compliance (GRC) and founder of GRC 20/20 Research and Mark Limpkin, the Head of Consulting for Corporater UK Ltd. The webinar gives a clear view of the Senior Managers and Certification Regime (SMCR or SM&CR) compliance which came into effect in 2019.
In this video, you will:
- Learn about the key components of SMCR compliance
- Gain insights on the interconnectedness of risk, compliance and performance
- Understand the difference between accountability and responsibility
- Learn how to manage SMCR using technology