Asset Finance


Consumer Finance


Motor Finance


The Senior Managers & Certification Regime – What you need to know

9.30 Registration and coffee

10.00 Chairman’s introduction

10.15 Conduct and Culture
• Why SMCR/ Why the new regime?
• Individual accountability and collective responsibility
• The behavioural psychology behind SMCR
• Building systems, controls, processes, staffing
Dr. Roger Miles, Senior Consultant, BP&E Global Ltd.

10.45 Overview of the new requirements
• The Senior Managers Regime (‘core’, ‘enhanced’ and ‘prescribed functions’)
• The Certification Regime and who needs to be certified
• The Conduct Rules
• Limited Scope Firms
Neville Cotton, Compliance Director, Addleshaw Goddard LLP

11.15 Coffee break

11.45 HR teams – a key component of a successful SM&CR implementation
• The over-arching role of HR
• HR organisational implications
• HR’s role in supporting the development of Statements of Responsibilities (SOR’s)
• Fitness and propriety (F&P) – The impacts and considerations
• Regulatory References – Key considerations
Julie Pardy, Principal Regulatory Consultant, Worksmart


12.10 Implementing the new regime- Cost-efficiency
• Steps to avoid
• Applying “reasonable steps” to help Senior Manager Function holders
• Embedding the Regime without creating a cottage industry
• Reducing the risk of future FCA enforcement action
David Morrey, Partner
Charles Roe, Director
Grant Thornton Financial Services Regulatory Team

12.40 Lunch

13.40 Learning from others
• Implementing the regime – lessons from the banks and building societies
• Key supervisory areas
• The role of HR, Legal and Compliance – getting the project structure right
• Practical implications
• Typical queries
Simon Collins, Managing Director
Gregory Brandman, Partner
Eversheds Sutherland

14.10 Countering the challenges
• How to successfully implement the SMCR
• Evidencing logical decision making
• Embedding good governance
• Pre-defining reasonable steps
• Effective processes for certification
Speaker TBC – Huntswood

14.40 Top 10 do’s and don’ts: how not to tie yourself in knots (TBC)
Simon Morris, Partner, CMS Cameron McKenna Nabarro Olswang LLP

15.10 Chairman’s final comments

15:15 Event ends