The SMCR was extended beyond the banks to the insurance sector at the end of 2018. It will be further extended to the rest of the financial services sector at the end of 2019. As a result of this two-phase extension, an additional 47,000 firms will be subject to the SMCR.
The time to prepare for the SMCR is now.
Eukleia’s ebook, ‘How to ensure your organisation is SMCR-ready’, provides practical guidance on how to make sure your organisation is ready for the extension.
LEO GRC, formerly Eukleia, is the specialist Governance, Risk and Compliance sister company of LEO Learning.