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DTSTART;TZID=UTC:20180523T120000
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DTSTAMP:20260429T080427
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SUMMARY:HR and SMCR Getting Ready for Implementation or Transition
DESCRIPTION:It is hoped that extending the Senior Managers and Certification Regime (SMCR) to all financial services firms will enhance personal responsibility for senior managers as well as providing a more effective and proportionate means to raise standards of strength and efficiency in regulation across the sector. \nLast summer\, the PRA and FCA released consultation papers on the proposal to extend the Senior Managers and Certification Regime to all financial services firms in scope of their regulation.   This has had major repercussions for the Insurance Sector\, and for those insurance companies already covered by the Senior Insurance Managers Regime (SIMR)\, will require transition to a new set of rules\, similar to those already embedded within Banks and PRA Regulated Investment Management Firms.   \nFor Insurance Intermediaries\, many will be starting the process of transitioning from the Approved Persons Regime (APER) from scratch. \nOur speakers were extensively involved in supporting banks to be compliant with SMCR and  and have subsequently been included in developments with insurers to be compliant with SIMR with regards to the agenda relating to these regimes. \nThis Market Briefing will aim to highlight the journey so far and include the following points: \n • What is next in the timetable and whom do you need in your implementation team? \n • Summary of key changes:\nFrom APER to SMCR (for intermediaries)\nFrom SIMR to SMCR (for insurers) \n • Summary  \n • Understanding these changes by reference to the employment life cycle  \n • Lessons learned from Round One and how not to re-invent the wheel (including identification of the people issues that caused the most concern:  Regulatory References\, Performance Management and Certifying for Fitness and Propriety) \n • Employee Conduct Training.  How firms delivered this and the benefits of face-to-face training vs on-line systems. \n • Q&A Session \nThe event will offer the opportunity to network and to share the experiences of those who have been through all or part of the process over lunch. \nAs a member of the CPD (Continuing Personal or Professional Development) Certification Service the IUA is committed to providing high quality training activities. Our market briefing events are certified as being suitable for CPD purposes. To obtain a self assessment form for any particular event please email Deborah Finch. These forms will be issued after each individual event upon request.  \nThis is a free event\, but names and email addresses of all attendees are required for registration.  \n		\n\n							\n					Share this event with your colleagues:\n				 \n			\n			\n\n								\n		\n\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Facebook\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Twitter\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																LinkedIn\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Email\n									\n						\n\n											\n					\n									\n			\n					\n		\n			\n		\n		This event requires membership. Please visit the organiser's website for more information.Visit Event Website
URL:https://www.limestreetguide.com/event/hr-and-smcr-getting-ready-for-implementation-or-transition/
LOCATION:Balls Brothers\, Minster Court\, Mincing Lane\, London\, EC3R 7PP\, United Kingdom
CATEGORIES:Education & Training
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