Senior Managers and Certification Regime Q&A

Refreshed March 2026 | CPD time: 1 Hour 30 Minutes

The Senior Managers and Certification Regime (SMCR) is intended to increase the personal accountability of senior managers and other key staff to address the widely held perception that regulators have in the past been unable to hold such individuals effectively to account. Using 20 key questions and answers, this module examines certain practical considerations facing firms and their senior personnel arising from the implementation of the SMCR into day-to-day business activities. Ideally, it should be read in conjunction with other CISI SMCR-related Professional Refresher modules (namely Senior Managers and Certification Regime, Certification – What it Means for You and Conduct Rules for All Staff).