With the December deadline looming, the FCA has recently reiterated the importance of "bringing SMCR to life", as opposed to just focusing on putting new policies and processes in place.
Join us for breakfast at the South Place Hotel for a discussion around the cultural challenges of SMCR and how we've been helping to ensure our clients, and their organisations, are adequately prepared for the regulation.
More about the event
The FCA has provided significant guidance on how to implement the policy, structural and process-related elements of SMCR, but has said very little about how firms should embed a culture of accountability, leaving many questions unanswered: What is a culture of accountability? What are 'reasonable steps' for Senior Managers to take? How do you ensure that Conduct Rules become the behavioural norm? What critical actions can transform culture?
During the course of the morning, we will cover the following areas:
- What is a healthy culture?
- What are the real benefits?
- How do you create a healthy culture?
- What lessons have been learnt about SMCR already?
- What are others doing to prepare?
- The TORI view on successfully embedding SMCR
We hope you can join us for what will be a lively, informative discussion around this increasingly relevant, and pressing, topic.