The Senior Managers & Certification Regime (SMCR) is a programme created to make sure that senior financial executives working for banks and other financial institutions have the necessary education, credentials, and experience for their job positions. The SMCR forbids organisations from hiring or promoting senior financial executives who are underqualified for their positions in terms of education and experience. It is an FCA/PRA rule with a governance component.
Applicants for higher-level management roles must provide their previous employment references and those references must be regulated references if the company is regulated by the FCA or the PRA.
It is mandatory for a candidate who could have a Senior Management Function (SMF) to undergo a criminal record check successfully to be considered for the role.
for higher professional standards.
SYSC 22 of the FCA Handbook complaint.
FCA recommends checks in overseas locations, to ensure individual’s fitness and propriety.
Establish honesty, integrity and reputation, competence and capability, financial soundness.
for higher professional standards.
SYSC 22 of the FCA Handbook complaint.
FCA recommends checks in overseas locations, to ensure individual’s fitness and propriety.
Establish honesty, integrity and reputation, competence and capability, financial soundness.
* The Financial Conduct Authority (FCA) has the authority to issue a public statement and impose a fine on a business or individual. Additionally, they have the authority to conduct investigations and disciplinary sanctions, which gives them the ability to file criminal charges.
Financial integrity check (Credit Check)
FCA register check
× ID Check
× SMCR Regulated employment reference – 6 years
× Professional Qualification Check
Basic DBS
Financial integrity check (Credit Check)
FCA register check
ID Check
SMCR Regulated employment reference – 6 years
Professional Qualification Check
Basic DBS
Financial integrity check (Credit Check)
FCA register check
ID Check
SMCR Regulated employment reference – 6 years
Professional Qualification Check
Basic DBS
Financial integrity check (Credit Check)
FCA register check
ID Check
SMCR Regulated employment reference – 6 years
Professional Qualification Check
Basic DBS
*These packages are limited to UK- based candidates alone. If your candidate requires international checks, please get in touch with us to discuss the right plan that would be best suited for you.
Financial integrity check (Credit Check)
Directorship Search
Compliance Database
Adverse Media Check
AML Search
PEPs & Sanctions
FCA register check
×ID Check
×SMCR Regulated employment reference – 6 years
×Gap Analysis
×Highest education Check
Basic DBS
Financial integrity check (Credit Check)
Directorship Search
Compliance Database
Adverse Media Check
AML Search
PEPs & Sanctions
FCA register check
ID Check
SMCR Regulated employment reference – 6 years
Gap Analysis
Highest education Check
Basic DBS
Financial integrity check (Credit Check)
Directorship Search
Compliance Database
Adverse Media Check
AML Search
PEPs & Sanctions
FCA register check
ID Check
SMCR Regulated employment reference – 6 years
Gap Analysis
Highest education Check
Basic DBS
Financial integrity check (Credit Check)
Directorship Search
Compliance Database
Adverse Media Check
AML Search
PEPs & Sanctions
FCA register check
ID Check
SMCR Regulated employment reference – 6 years
Gap Analysis
Highest education Check
Basic DBS
These packages are for employers who wish to screen their candidates available for job roles that fall under SMR and SMCR, to be in line with the FCA requirements.
These packages are only available to applicants with UK addresses. These packages are not intended for screening at international airports. To discuss your needs for an international check, please contact us.
The average turnaround time for an SMCR check is 7-10 days*
For SMCR roles, candidates may require regulatory references where they have held a similar position previously, which have a regulator-determined SLA (Service Level Agreement) of six weeks for the referee to respond.
