SMCR (Senior Managers & Certification Regime) Screening
Making individuals more accountable for their conduct and competence.
Comprehensive fitness and propriety checks support higher professional standards across regulated roles. Our screening helps verify that individuals meet FCA requirements for competence, integrity, and financial soundness.
Our regulatory reference process is fully compliant with SYSC 22 of the FCA Handbook, ensuring comprehensive employment history verification for all regulated positions over the past 6 years.
The FCA recommends conducting criminal record checks in overseas locations where individuals have lived or worked. We provide international criminal record screening to help support verification of an individual's fitness and propriety across relevant jurisdictions, subject to local availability.
Our additional due diligence screening establishes an individual's honesty, integrity, and reputation through comprehensive checks. We verify competence and capability via qualification checks, and assess financial soundness through credit and directorship searches.
Important: The Financial Conduct Authority (FCA) has enforcement powers including the right to impose penalties on companies or individuals and issue public statements.
The FCA also has the authority to investigate and take disciplinary action, including the power to launch criminal proceedings against non-compliant firms and individuals.
SMCR Packages & Pricing
SMCR Annual Check
VAT not included
Financial integrity check (Credit Check) FCA register check - ×ID Check
- ×SMCR Regulated employment reference - 6 years
- ×Professional Qualification Check
Basic DBS
SMCR non-SMF NED
VAT not included
Financial integrity check (Credit Check) FCA register check ID Check SMCR Regulated employment reference - 6 years Professional Qualification Check Basic DBS
SMCR Certification Function
VAT not included
Financial integrity check (Credit Check) FCA register check ID Check SMCR Regulated employment reference - 6 years Professional Qualification Check Basic DBS
SMCR Regulated Senior Management Function (SMF)
VAT not included
Financial integrity check (Credit Check) FCA register check ID Check SMCR Regulated employment reference - 6 years Professional Qualification Check Standard DBS
Note: These packages are for candidates based in the UK only. If your candidate requires international checks, please contact us to discuss your specific requirements.
SMCR Advanced Packages & Pricing
SMCR Annual Check
VAT not included
Financial integrity check (Credit Check) Directorship Search Compliance Database Adverse Media Check AML Search PEPs & Sanctions FCA register check - ×ID Check
- ×SMCR Regulated employment reference - 6 years
- ×Gap Analysis
- ×Highest education Check
Basic DBS
SMCR Regulated Senior Management Function (SMF)
VAT not included
Financial integrity check (Credit Check) Directorship Search Compliance Database Adverse Media Check AML Search PEPs & Sanctions FCA register check ID Check SMCR Regulated employment reference - 6 years Gap Analysis Highest education Check Standard DBS
SMCR non-SMF NED
VAT not included
Financial integrity check (Credit Check) Directorship Search Compliance Database Adverse Media Check AML Search PEPs & Sanctions FCA register check ID Check SMCR Regulated employment reference - 6 years Gap Analysis Highest education Check Basic DBS
SMCR Certification Function
VAT not included
Financial integrity check (Credit Check) Directorship Search Compliance Database Adverse Media Check AML Search PEPs & Sanctions FCA register check ID Check SMCR Regulated employment reference - 6 years Gap Analysis Highest education Check Basic DBS
These packages are for employers with a need to screen their candidates in line with FCA requirements and are available for job roles that fall under SMR and SMCR.
These packages are for candidates based in the UK only, If international checks are required, please do not purchase this package. Get in touch to discuss your international check requirements.
The average turnaround time for SMCR check is 7-10 days*
*For SMCR roles, candidates may require regulatory references where they have held such a position previously, which have a regulator determined SLA of six weeks for the referee to respond.
SMCR FAQs
- What is SMCR?
The way people working in financial services are regulated has changed. The Senior Managers and Certification Regime (SM&CR) has replaced the FCA's Approved Persons Regime.
The aim of SM&CR is to reduce harm to consumers and strengthen market integrity by making individuals more accountable for their conduct and competence. It is an opportunity to establish healthy cultures and effective governance in firms by encouraging greater individual accountability and setting a new standard of personal conduct.
- Why SMCR?
Following the 2008 banking crisis and significant conduct failings such as the manipulation of LIBOR, the UK Parliament established the PCBS (Parliamentary Commission for Banking Standards) to recommend improvements to banking and financial sector standards. PCBS recommended a new accountability framework focused on senior management, which later became SM&CR.
- Why is employment screening important under SMCR? Employment screening is one of the ways in which you can help protect your organisation and mitigate conduct risk. Screening under SMCR is something we are familiar with at Complygate, as we have been working with financial institutions that are already governed under SMCR.
- Which are 3 key parts to the Senior Managers and Certification Regime (SMCR)?
- The Senior Managers Regime
- The Certification Regime
- Conduct Rules
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