corona virus 2019-ncov flu outbreak, covid-19 3d banner illustration, microscopic view of floating influenza virus cells

SMF1 responsible for Covid Compliance

On 9 November 2020, the FCA published an update on “Workplace arrangements and work-related travel” during the Coronavirus pandemic and the PRA published a “Statement on Covid guidance for firms”.

Both regulators remind firms that they should continue to follow government guidance and recommend that responsibility for Covid compliance be allocated to the SMF1 (Chief Executive).  For firms that do not have an SMF1 responsibility should be allocated to “the most relevant member of the senior management team”.

Corterum can help you to quickly and easily manage your Senior Manager functions, as well as everything else needed to evidence compliance with the Senior Manager and Certification Regime (SM&CR). Why not talk to us today to find out more?

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