3 Best Practices for a Successful SM&CR Operating Model

Webinar Recording: Executing a Successful SMCR Program

The Senior Managers and Certification Regime (“SMCR”) is now in effect, with the Conduct Standards live as of 31 March 2021. In this webinar, SMCR experts Dan Ridler, Managing Director at BCS Consulting and Iain Colquhoun, Chief Compliance Officer at Sona Asset Management discuss their experiences preparing for SMCR compliance and how to enhance your SMCR operations.

Key takeaways of the webinar:

  • SMCR Regime Overview and Background
  • Impact of COVID-19 on SMCR
  • Embedding SMCR in business as usual

Speakers

Daniel Ridler

Daniel Ridler

BCS Consulting

Managing Director

Dan is a Managing Director at BCS Consulting with 16 years of financial services consulting experience. He has been involved in SMCR since 2014 and has subsequently supported over 50 financial services firms to implement the regime.

Dan leads the BCS Consulting SMCR and Governance advisory practice, where he oversees a range of SMCR services, including implementation support, assurance reviews, provision of predefined tools and templates, training and eLearning.

He acted as interim head of an SMCR BAU team at a global tier 1 bank, and he has supported many Boards and Senior Managers with the regime and their ability to demonstrate reasonable steps in line with regulatory expectations.

Iain Colquhoun

Iain Colquhoun

Sona Asset Management

Chief Financial Officer and Chief Compliance Officer

Iain Colquhoun is the Chief Financial Officer and Chief Compliance Officer of Sona Asset Management.

Iain has over 20 years of experience in fund infrastructure, operations, compliance and finance, and has worked for some well known funds in the UK and Europe, including in jurisdictions such as Malta and Monaco. He has held several operational leadership roles and was responsible for developing the compliance and financial infrastructure at Sona. Iain holds a BSc in Business Studies from the University of Wales European Business Management School and is a Chartered Accountant and an affiliate of the Association of Chartered Certified Accountants.

Sona Asset Management is an institutional alternative asset management firm that specialises in investing across the credit spectrum with a primary focus on European markets. The firm was established in 2016 by CIO, John Aylward, and manages capital on behalf of public and corporate pensions, endowments, foundations, insurance companies and family offices.

Jordan Robb

Jordan Robb

ComplySci

Senior Product Manager

Jordan joined ComplySci in early 2021 as a Senior Product Manager. He currently oversees the strategic vision and roadmap of our SMCR and Political Contribution Verification solutions.

With over eight years of expertise within the financial, compliance, and risk management sectors, Jordan brings to his work a singular passion for product evangelism. Prior to joining the ComplySci family, his work at Finastra resulted in several highly successful product launches.