Taking stock of Senior Manager Responsibilities

On 16 December 2021 the PRA published an inventory of senior manager responsibilities.

The inventory was published in response to feedback in the ‘Evaluation of the Senior Managers and Certification Regime (SM&CR)’ report that it would be useful to have an inventory of references to senior manager responsibilities made in PRA publications that are not directly related to individual accountability.

The inventory will be updated periodically, but is not exhaustive and does not replace or amend any PRA publication.  Nonetheless, PRA-regulated firms should find it of some use as a quick reference guide to ensure that Senior Manager responsibilities have been allocated in accordance with all of the PRA’s main regulations.

If you’d like to see how Corterum can help you manage the Senior Manager responsibilities within your firm, why not drop us a line?