TISA - Tax Incentivised Savings Association - Sm Cr

SM&CR




The purpose of the SM&CR Hub is to provide useful tools, handy links, good and best practice and practical guides to assist firms in their implementation and ongoing operation of the SM&CR.

Content for this page will continue to grow and will be regularly updated by TISA and the output from our SM&CR Working Group and Sub Groups. If there is any topic not covered that you feel would be useful please contact us to let us know.

Click on the buttons below for quick links to the relevant areas or scroll down the page to view all content.



Latest News                                                                                           Dates for Your Diary
TISA Approach to development of BAU best practice in relation                  23/04/19 - Consultation close for CP19/4: Optimising the Senior Managers & Certification Regime
to reasonable steps added (25/03/19)                                                                      and feedback to DP16/4 Overall responsibility and the legal function
SM&CR Outsource Considerations for Senior Managers added (26/03/19)   24/04/19 - SM&CR Roundtable Reasonable steps & employee lifecycle
SM&CR Obligations on the individual through the employee lifecycle          20/06/19 - SM&CR Conduct Workshop & Seminar
(BAU processes) added (10/04/19)                                                         09/12/19 - Implementation date for solo regulated firms
Conduct Rules Case Studies added (11/04/19)
Conduct Rule and Fitness and Propriety examples added (11/04/19)




This document is intended to provide individuals with information and considerations applicable to them for BAU processes of the employee lifecycle.
SM&CR Obligations on the individual through the employee lifecycle (BAU processes)

A Guide has been drafted to help Senior Managers and firms develop reasonable steps frameworks that are appropriate and proportionate for their size and structure.

This paper is intended to be used by Senior Managers in relation to oversight of oursource arrangements.

 
Certified Staff
This document is intended to provide individuals with information and considerations applicable to them for BAU processes of the employee lifecycle.
SM&CR Obligations on the individual through the employee lifecycle (BAU processes)

In creating and implementing their own Certification Regime, considering BAU practices, firms may wish to consider the areas of focus of the FCA in its second thematic review.
Areas of focus of the FCA in its Second Thematic Review Certification Regime


This paper briefly considers whether the behavior and action described in 4 case studies would be considered a Conduct Rules breach.

This paper provides examples of behaviours that may result in a Conduct Rules or Fitness and Propriety breach for different types of staff under SM&CR.

This document is intended to provide individuals with information and considerations applicable to them for BAU processes of the employee lifecycle.
SM&CR Obligations on the individual through the employee lifecycle (BAU processes)

TISA technical bulletins designed to assist firms in their understanding of the Conduct Rules (TISA members only).


A template project plan including all relevant areas of SM&CR for implementation including relevant dates for work planning to ensure readiness for 9th December 2019. This can be used and adapted as required by firms to use as their own project plan or to inform their SM&CR project.

Key messages for firms going through SM&CR implementation from those who have survived the process.
SM&CR Implementation Considerations

This paper is intended to be used by Senior Managers in relation to oversight of outsource arrangements and will also be of use to firms in reviewing their outsource arrangements.


A toolkit providing culture measurement tools for firms to modify and used as required to understand their current position and track progress towards any desired change or to view change as a result of the implementation of SM&CR.



Content is being worked on by our SM&CR Working Group and Sub Groups and will be added soon - watch this space...




The Senior Managers and Certification Regime: Guide for FCA solo-regulated firms
 

 

Slides from TISA Events