SM&CR UPDATE – Guidance on SoRs

To support solo regulated firms with implementing SM&CR, FCA has now issued guidance on Statement of Responsibilities (SoRs) and for enhanced firms, Responsibilities Maps. The document FG19-2, gives examples for each type of firm; Limited Scope, Core and Enhanced, with tips on good and bad practice.

Download FCA guidance here >>

Our guide to SM&CR for consumer credit firms can also be downloaded here >>

 

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