Steve Bloor, Technical Director at Consumer Credit Advisory Services, joins the BVRLA blogging community to talk about the continuous journey of SM&CR that goes way beyond 9 December.
In his blog, Steve says; “With the rapidly looming deadline of 9 December for the first stage of implementation of the new Senior Managers & Certification Regime (SM&CR), it’s not surprising that firms are heavily focusing on the actions they need to take before then. But it shouldn’t be a short-term sprint to a finishing line on 9 December, it is a long-term journey that stretches far beyond that date.
“On an on-going basis, there is a long list of tasks that firms will have to complete. They will need to develop the appropriate procedures and decide who within the firm will be responsible for each of the tasks."
Steve goes on to highlight the importance of compliance.
Read Steve’s blog in full via the BVRLA website SM&CR: An on-going journey
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