There are more responsibilities for Senior Managers than just the ones found within each SMF's definition.
The FCA has a list of 'Prescribed Responsibilities' (PRs) that each firm is required to allocate to Senior Managers.
If there is a breach, all Senior Managers sharing that responsibility may be required to demonstrate that they took reasonable steps to prevent or stop the breach.
That's why we've created a desk aid to help.
Our desk aid provides a 1-page quick reference guide to PRs.
Our simplified summary descriptions can help those unfamiliar with the system or allow for quick checks whenever you have a change in personnel.
Cut through the noise easily as our guide details whether PRs apply to all firms, just enhanced or fund managers.