SM&CR Implementation Tool

SM&CR Navigator

Build your Senior Managers & Certification Regime compliance framework step-by-step. Identify SMFs, allocate prescribed responsibilities, manage certification functions, and track fitness & propriety assessments.

6-Step SM&CR Framework Builder

Comprehensive workflow covering all SM&CR requirements

Firm Setup

Select firm type and SM&CR category (Limited/Core/Enhanced). Configure opt-up and CASS status.

Senior Manager Functions

Identify and allocate SMFs (SMF1-27) based on your regime. FCA approval tracking included.

Prescribed Responsibilities

Allocate prescribed responsibilities (a-k) to senior managers with regime-specific filtering.

Certification Functions

Identify certification functions (CF1-CF30) and assign to appropriate individuals.

Fitness & Propriety

Conduct and record initial/annual F&P assessments with structured questionnaires.

Regulatory References

Track outgoing/incoming regulatory references with 6-year retention compliance.

SM&CR Navigator

Build your Senior Managers & Certification Regime compliance framework

Firm Setup
Senior Managers
Certification
Fitness & Propriety
Regulatory References
Summary

Select Your Firm Type

What You'll Get

Complete SM&CR Structure

  • All 27 Senior Manager Functions (SMF1-SMF27)
  • 11 Prescribed Responsibilities (a-k)
  • 13 Certification Functions (CF1-CF30)
  • Regime-specific filtering (Limited/Core/Enhanced)

Compliance Documentation

  • Statements of Responsibilities (SoRs) tracking
  • Management Responsibilities Map foundation
  • F&P assessment records
  • Regulatory reference log (6-year retention)

Export & Save

  • Export to .txt for offline review
  • Save to database with email capture
  • Retrieve saved assessments
  • Share with compliance team

Expert Support

  • MEMA team review of your structure
  • Implementation guidance
  • FCA approval application support
  • Ongoing SM&CR compliance

Why This Tool Exists

The SM&CR regime requires firms to map senior management responsibilities, certify staff annually, and ensure all employees understand the conduct rules. Most firms either have responsibilities maps that are out of date, certification processes that are tick-box exercises, or conduct rules training that staff cannot recall. This tool helps you identify gaps in your SM&CR framework before the FCA does.

Who This Tool Is For

Compliance officers

Auditing SM&CR documentation and identifying gaps in responsibilities maps

HR teams

Managing the annual certification process and maintaining fit and proper records

Senior managers

Understanding their personal regulatory responsibilities and the duty of responsibility

Newly authorised firms

Setting up SM&CR frameworks from scratch with correct role allocations

How to Use This Tool

1

Select your firm category

Choose whether your firm falls under the enhanced, core, or limited application of SM&CR to receive the correct requirements.

2

Map your senior management functions

Input your SMF holders and prescribed responsibilities to generate a responsibilities map and identify any allocation gaps.

3

Review compliance gaps

Receive a prioritised list of actions covering certification, conduct rules training, handover procedures, and governance documentation.

Common Mistakes This Tool Prevents

Not updating the responsibilities map when roles change or people leave

How this tool helps: Flags when responsibilities are unallocated or when key SMF positions have gaps

Treating annual certification as a simple re-signing exercise

How this tool helps: Provides a structured certification assessment covering fitness, propriety, and competence

Failing to train all staff on conduct rules (not just senior managers)

How this tool helps: Identifies which staff categories require conduct rules training and tracks completion

Not having documented handover procedures when senior managers change

How this tool helps: Generates handover checklists covering regulatory notifications, responsibility transfers, and documentation

Need SM&CR Implementation Support?

We can design your responsibilities map, set up certification processes, deliver conduct rules training, and provide ongoing SM&CR compliance monitoring — ensuring your firm meets all regime requirements.

Need SM&CR Implementation Support?

Our regulatory experts help firms design, implement, and maintain SM&CR frameworks. From FCA approval applications to annual reviews, we provide end-to-end support.

📞 Phone: 0330 133 0811

📧 Email: contact@memaconsultants.com