Category: SMCR

What is an FCA check?

What is an FCA check?

Financial services companies that are regulated by the FCA have to abide by the rules set by the regulator and one of these is the Fitness and Propriety check. This is a check into the background of senior managers and directors that ensure that consumer’s money is kept as safe as possible. People that are…
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An adverse SMCR Screening? What should you do?

What should we do with SMCR adverse screenings?

When performing and FCA check the majority of pre-employment screenings come back absolutely fine but if you are an FCA regulated firm and one of your candidates for an SMCR controlled post has an adverse finding then what do you do? The FCA has produced guidance for managers and employers regarding this issue and so…
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