SMCR toolkit part 1: Education, awareness and initial decisions
Successful implementation of the SMCR will be highly dependent on ensuring that the firm’s leadership fully understand the new regime and what is driving it, as well as explaining the impact to other affected individuals within the firm. Early completion of this task will help maximise the time available to design and implement the necessary changes to policies, processes and procedures, whilst also helping to identify any potential challenges that may not be immediately apparent on first reading of the regulations.
In this first toolkit, we look at the initial steps firms need to take, focusing on education, awareness and initial decision making.
Please click below to download this guide, we hope you find it useful.
This is the first in a series of toolkits.
Kemp Little offers an SMCR support service to assist businesses in scoping and implementing SMCR.