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SMCR in the United Kingdom

Be certain you’re complying with the Financial Conduct Authority’s (FCA) guidance on the Senior Manager & Certification Regime (SMCR). Star’s dedicated IAR solution was designed to help in-scope FIs establish and maintain a Senior Manager’s Regime and adapt to changes in regulation as they occur.


Establish and maintain a Senior Manager Regime

  • Manage Responsibilities Maps & Statements of Responsibilities across the organization.
  • Complete versioning control of Maps and key documentation.
  • Provide an easy way for Senior Managers to document Reasonable Steps.
  • Take control of the Handovers process.
  • Fully auditable.

Fitness & Propriety workflows for Certification Employees

Gain control of all aspects of the certification process – with compliance technology that makes it easy for your employees.

  • Manage the entire Certification process – from identifying Certified individuals and assigning activities to personal development and supervision. 
  • Perform annual and ad-hoc fitness and propriety assessments using both long and short forms with sign-off and automated escalation built-in. 
  • Automatically produce and store Certificates that comply with records and renewal tracking rules. 
  • Use robust, transparent dashboard reporting to gain insights into individual and firm-wide results.
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Manage Conduct Rules attestation

Raise awareness of employee conduct issues across your firm and expand individual accountability.  Fostering a culture of strong values and ethical behavior is what builds respected, reputable businesses.

  • Implement annual declaration workflows and store declarations for good record-keeping.
  • Record and manage breaches and regulatory reporting.
  • Improve the accuracy and efficiency of regulatory reporting.
  • Record role-specific training. 
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Manage FCA Directory Persons Data

Make it easy to support the regular submission and maintenance of up-to-date data for FCA Directory Persons, providing a place to gather and store data, as well as ensuring changes and updates are applied on time and consistently. 

  • Extraction of Directory data into exact format of FCA Multi-Submission and Bulk-Amend templates.
  • Maintenance of Directory Persons and their data updates.
  • New Directory screens to store relevant data.
  • Ability to review, amend and confirm Directory data is accurate.
  • System workflow support for movers, joiners, leavers and changes.
  • Assurance that new Directory obligations are being met in full.
  • Oversight of all processes to ensure effectiveness, with robust record-keeping.
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Buying Regulatory Compliance Technology with Certainty:

A SMCR Buyer’s Guide for Compliance Managers

There’s no doubt that compliance technology can support SMCR compliance. But with so many regtech options available, what specifically should you be looking for in an SMCR solution?



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