SM&CR Day 2


The Senior Manager and Certification Regime (SM&CR) is well underway now with the deadline of 9th December 2019 having passed. HR and Compliance departments across UK will have worked so hard for the last couple of months to complete all tasks necessary for Day 1 SM&CR compliance. No doubt you have mapped the Senior Management functions as per FCA requirements to identify Senior Managers in the organisation, issued Senior Managers with new contracts, implemented the responsibilities map and formal handshakes between processes, and ensured all relevant parties have had appropriate training sessions. Whilst there is a collective sigh of relief…

To access this content you need to be logged in with the relevant membership.


About Author

Bea Stafford

Bea is Head of Risk & Compliance and Managing Director at 1st Risk Solutions. Bea has vast experience across all 3 Lines of Defence gained at some of the worlds largest global banks and financial institutions (HSBC, JP Morgan and American Express). She has been at the forefront of global change and risk programmes, driving the design and implementation of the associated operational risk framework for: • Global regulatory programmes such as SOX, SAO, FATCA, SM&CR • Global Financial Crime risk remediation • Operational Risk frameworks within global functions (technologies, finance, HR) • Global M&A and divestment programmes, managing buyer risk, separation risk and transitional service risk Bea also spent many years at American Express working globally within various areas across all 3 lines- Group Treasury, Group Internal Audit and within Group Operational Risk, obtaining in depth knowledge of credit services, Insurance products, and Private Banking.

Leave A Reply