Step 02 / Explore the pack

See who holds what. See who owns each responsibility.

A visual view of the Enhanced scope firms edition before you open Excel. Choose a tab to explore the illustrative worked example.

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Enhanced scope firms

SMF responsibilities pack · illustrative example firm: Calder & Voss Capital Ltd

Change category
09
SMF managers

In the example

01
Without FCA approval

Flagged

00
Reviews overdue

At the as-at date

06
Certification employees

On the register

smf-responsibilities-pack-enhanced-workbook-worked-example.xlsxIllustrative data

Certification employees, with the next certificate or fitness assessment due and whether conduct rules training is recorded.

  • Imogen FairweatherSignificant management functionOn trackTraining On track
  • Kofi Mensah-DoyleFunctions requiring qualificationsOn trackTraining On track
  • Beatrix LorimerClient-dealing functionOn trackTraining On track
  • Samir QureshiAlgorithmic trading functionOn trackTraining On track
  • Nadia PetrovicCASS oversight functionOn trackTraining On track
  • Lewis HargreavesManagers of certification employeesOn trackTraining On track

Handover log

  • SMF24 Chief operationsIan Boateng to Gareth MalloryComplete
  • SMF3 Executive directorHannah Rowe-Davies to Daniel KesslerIncomplete (4 of 6)
See the actual workbook · real Excel sheets, rendered from the example file
Enhanced scope firms: One-page board summary of responsibilities (illustrative example)Board summary · opens full sizeEnhanced scope firms: SMF register with approval status and review dates (illustrative example)SMF register · opens full sizeEnhanced scope firms: Prescribed responsibility allocation matrix with one owner for each responsibility (illustrative example)Responsibilities · opens full sizeEnhanced scope firms: Certification register with annual fitness and propriety dates (illustrative example)Certification · opens full size

Built from the same data and formulas as the worked-example workbook, for an invented firm. Every name and date is invented.

About the Enhanced scope firms edition

Larger or more complex solo-regulated FCA firms that meet the enhanced scope tests in SYSC 23 Annex 1, or that the FCA has moved to enhanced scope. An enhanced scope firm has everything a core firm has, plus a management responsibilities map (SYSC 25), overall responsibility for each activity, business area and management function (SYSC 26) and handover procedures (SYSC 25.9). It has up to thirteen prescribed responsibilities and a longer list of SMFs.

Up to thirteen prescribed responsibilities can apply; five depend on the firm's circumstances.

The FCA does not set a template for the workbook sheets, and statements of responsibilities sent to the FCA must use its own form. This pack is a practical structure built on SUP 10C and SYSC 23 to 27. See the SM&CR guide, the SM&CR tool and the implementation checklist. This pack is for solo-regulated firms: dual-regulated firms, payment and e-money institutions and firms registered only under the Money Laundering Regulations are out of scope.