Now that the “100 days” and “three months to go” milestones have passed, the time for complacency is over and it is imperative that U.K. investment management firms have a robust implementation plan that will bring them into compliance with the Senior Managers and Certification Regime (SMCR) by 9 December 2019.
Greyline stands ready to provide comprehensive and practical support for any firm grappling with SMCR implementation. We maintain a flexible approach and can offer any combination of services – ranging from a high-level sense check of your implementation plan all the way through to comprehensive and bespoke support in every aspect of your implementation. In particular, we aim provide hands-on assistance with all necessary policy, procedure and template updates, and we do not charge separately for the provision of a DIY ‘toolkit’.
Since our services are specifically aimed at alternative investment managers, and in this case ‘Core Regime’ SMCR firms, our offering is also more streamlined and cost effective for small and medium size firms, rather than being geared (and priced) towards the largest financial institutions.
Please contact Nick Thomas, Greyline’s Head of U.K. Regulatory, at nthomas@greyline.co for more information.