The EnOC SM&CR tool has been specifically developed to assist firms in addressing the latest regulatory changes introduced by the FCA in a timely, efficient and cost-effective manner.
As of the 9th of December 2019, UK firms are required to adopt the Senior Managers and Certification Regime (SM&CR) introduced by the FCA. The Regime aims to increase individual responsibility and improve clarity of responsibilities within firms, which will not only improve how firms are governed, but will also add a new layer of administrative complexity.
EnOC's SM&CR tool works simply and can be set up in just a few minutes by adding the company, department and individuals details. Once the core data is complete, the tool will then generate responsibility maps, basics of statement of responsibilities and annual fit and proper declaration questionnaires.
Born on the cloud, EnOC is immensely scalable, able to serve both very small and very large businesses, and significantly reduces the administrative burden, allowing users to focus on the duties of responsibility and accountability.
The EnOC SM&CR tool can be added to the free to use EnOC Pro Platform at a monthly cost, which is based on the number of individuals. EnOC SM&CR costs £25 per SMF, £12 per Certified individual and £3 for other individuals added to the Platform, plus VAT. The calculator below can compute the total monthly fee for the tool based on your number of individuals.