---
url: "https://xcademia.com/courses/senior-managers-and-certification-regime-sm-cr"
title: "Senior Managers and Certification Regime (SM&CR)"
description: "Learn SM&CR framework, senior manager responsibilities, certification and conduct rules in this mentor-led UK compliance course with practical scenarios."
publishedAt: "2026-04-09T04:38:16.00913+00:00"
updatedAt: "2026-04-09T04:38:16.00913+00:00"
type: course
code: "FAB-0105"
level: Foundation
duration_days: "1"
track: "Financial Services Regulation & Compliance (UK)"
category: "Finance, Accounting & Business Skills"
credential_tier: tier1
price_gbp: "1199"
---

# Senior Managers and Certification Regime (SM&CR)

> Understand SM&CR responsibilities through mentor-led sessions and practical scenarios focused on accountability in financial services. Learn certification, conduct rules, and reasonable steps to support compliant leadership and governance.

## Overview

The Senior Managers and Certification Regime (SM&CR) course provides a structured introduction to one of the UK’s most important regulatory frameworks for accountability in financial services. This mentor-led programme focuses on practical scenarios to help learners understand how SM&CR applies in real organisational contexts.

Participants will explore the roles and responsibilities of Senior Managers, certification requirements, and conduct rules that apply across firms. The course also covers prescribed responsibilities, fit and proper assessments, and the concept of the “reasonable steps” defence, ensuring learners understand both individual and organisational obligations.

Designed for professionals working in regulated environments, this programme builds awareness of governance, accountability, and regulatory expectations. Learners will gain the confidence to support SM&CR implementation and maintain compliance within their roles.

## Prerequisites

- Basic understanding of financial services
- Interest in compliance or governance
- No prior SM&CR experience required

## What you will learn

- Analyse SM&CR framework requirements
- Design accountability structures within firms
- Implement certification and conduct rules
- Evaluate fit and proper assessment criteria
- Communicate regulatory responsibilities clearly
- Lead basic SM&CR compliance activities

## Skills you will gain

- SM&CR framework understanding
- Senior manager responsibilities
- Certification process basics
- Conduct rules application
- Fit and proper assessments

## Career progression

- Compliance Analyst
- Risk Analyst
- Senior Manager
- Certification Officer

## Curriculum

1. **Module 1: Getting Ready**
   - Overview of UK regulatory environment
   - Introduction to accountability frameworks
   - Key SM&CR terminology
2. **Module 2: SM&CR Framework Overview**
   - Objectives and scope of SM&CR
   - Firms and individuals in scope
   - Regulatory expectations
3. **Module 3: Senior Managers Regime**
   - Senior Management Functions (SMFs)
   - Prescribed responsibilities
   - Statements of responsibilities
4. **Module 4:  Certification Regime**
   - Certification functions and roles
   - Annual certification requirements
   - Ongoing compliance obligations
5. **Module 5:  Conduct Rules & Accountability**
   - FCA conduct rules overview
   - Individual accountability principles
   - Breach reporting requirements
6. **Module 6: Fit and Proper Assessments**
   - Criteria for assessments
   - Skills, capability, and integrity
   - Documentation and evidence
7. **Module 7: Reasonable Steps & Governance**
   - Understanding reasonable steps defence
   - Governance and oversight structures
   - Practical implementation examples

## Exam & certification

You will receive an Xcademia certificate of completion based on participation and successful completion of labs and scenario simulations.

## Delivery options

- **Live Online** — Join live instructor-led sessions from anywhere. Interactive, engaging, and flexible.
- **Onsite Training** — We come to you. Training delivered at your workplace for teams of 6 or more.
- **Venue-Based** — Classroom training at a professional venue. Ideal for focused, immersive learning.
- **Blended** — Combine online and in-person learning for maximum flexibility and impact.

## Frequently asked questions

**Who should attend this course?**

Professionals working in UK-regulated financial services roles.



**Is prior SM&CR knowledge required?**

No, this is a foundation-level course.



**Does the course cover Senior Manager responsibilities?**

Yes, including prescribed responsibilities and accountability.



**Will I learn about certification requirements?**

Yes, the certification regime is covered in detail.



**How will this help my career?**

It builds essential knowledge for compliance, risk, and senior roles.

## Course at a glance

| Field | Value |
| --- | --- |
| Code | FAB-0105 |
| Duration | 1 day |
| Level | Foundation |
| Track | Financial Services Regulation & Compliance (UK) |
| Category | Finance, Accounting & Business Skills |
| Credential tier | tier1 |
| Price (GBP) | £1199 |

---

## About this content

This Markdown course profile is the citation-grade twin of [Senior Managers and Certification Regime (SM&CR)](https://xcademia.com/courses/senior-managers-and-certification-regime-sm-cr). It is published by **Xcademia** (UK Companies House 12322710) and is available for AI search engines and large language models to index, summarise, and cite.

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