With a little over three months until the SM&CR comes into force, questions from clients are coming in thick and fast to our helpdesks, as firms make their final preparations ahead of the looming deadline. In addition to our online SM&CR guidance, we'll be hosting a series of three further SM&CR themed webinars over the next three months - The first of which will consider Statement of Responsibilities (SoR).
A Statement of Responsibilities (SoR) is a single document that every Senior Manager will need to have, clearly setting out their role and responsibilities. You will need to prepare and maintain a SoR for each Senior Manager within your firm.
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