The Senior Managers & Certification Regime now applies to all regulated firms. If you’re not confident you are compliant, it doesn’t have to be that hard.

Three simple packages to support your project

We understand that larger, complex organisations will have carried out extensive projects, and we have been helping clients with tailored programmes to make sure they’re successful.  We also know that for many firms, implementation can be more straightforward. Our SM&CR toolkits gives you confidence that you’re meeting the regulatory requirements in a simple project with a clear price. We offer three packages depending on your needs.

SM&CR-in-a-box

Our ‘SM&CR-in-a-box’ includes a comprehensive set of templates that you can tailor to your business and a workshop to introduce the regime and explain how to use the templates.

The package includes:

  •  a two hour kick-off workshop facilitated by Bovill
  • an SM&CR project plan
  • a checklist of governance documentation that may need to be reviewed or updated
  • a full suite of policies and procedures covering the various elements of the SM&CR
  • guidance note on how to complete a Statement of Responsibilities
  • guidance note on the duty of responsibility and reasonable steps
  • guidance note on mapping approved person Controlled Functions to new Senior Manager Functions
  • a Senior Manager training slide deck and speaker notes
  • a Conduct Rule training slide deck and speaker note.

We will be on hand to help with advice and support as the project progresses, based on our standard hourly consulting rates.

‘SM&CR Support’ package

Our SM&CR Support package provides more hands-on help and includes:

  • our full suite of ‘SM&CR-in-a-box’ templates
  • a two hour kick-off workshop to introduce the regime and walk through the templates
  • an SM&CR training workshop for all Senior Managers
  • a Conduct Rules training session for all staff (and discounted rate for additional sessions)
  • an implementation validation session, where we will sense-check what you have put in place against the regulatory requirements
  • five hours of subject matter expert advice at a 20% discount on our usual hourly rate.

As your project progresses we will be available to provide any extra support you need at our usual rates.

‘SM&CR Plus’ package

For those who need additional peace of mind throughout their project, or have some more complex issues, our SM&CR Plus package provides more specialist help. This consists of:

  • a mini-governance review to understand your existing governance framework and highlight any areas that may need to change to comply with SM&CR
  • our full suite of SM&CR-in-a-box templates
  • a two hour kick-off workshop to introduce the regime and walk through the templates
  • an initial SM&CR training workshop for all Senior Managers
  • an interactive training session for senior managers on the ‘duty of responsibility’ and ‘reasonable steps’
  • a Conduct Rules training session for all staff (and discounted rate for additional sessions)
  • an implementation validation session, where we will sense-check what you have put in place against the regulatory requirements
  • ten hours of subject matter expert advice with a 20% discount on our usual hourly rate.

And of course, we will be able to help with any other areas need throughout your project at our standard hourly rates.

How else can we help?

For larger or more complex clients, we can provide bespoke and comprehensive implementation support, including full project management, customising or amending existing policies and procedures to incorporate the new requirements, advising on wider governance framework requirements and any other help you may need.

And if you want a second pair of eyes to make sure you’re ready should the regulator come calling, we can be on hand to review your controls.

Get in touch to explore how we can help.