l All change, all change | SMCR Compliance

All change, all change

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The SMCR will have big repercussions for the industry. Have you made the necessary preparations ahead of the December deadline?

There are some big changes on the way for the mortgage market, with the Senior Managers and Certification Regime being extended to almost all authorised firms from 9 December.

Mortgage advisers will account for a large proportion of those affected. So, with less than a month until the deadline, firms will need to complete any final preparations now to ensure they are compliant.

As with any regulation change, achieving compliance can be a long process and implementation could prove complex. The best way to approach these changes, therefore, is to break them down into digestible chunks and tackle them one by one. Here are a few simple steps to get started..

To read more access the article here https://www.mortgagestrategy.co.uk/opinion/all-change-all-change/