The aim of this report is to discover what change has occurred as a result of SMCR, both in individuals and at firms (if any).

This report is the culmination of over a year spent collecting data and speaking to senior managers and control functions about their experiences and opinions on what the impact of SMCR has been in their firms. It is the most in-depth study conducted to date of the practical implications of the SMCR, benefiting from the responses of more than 25 banking institutions, hearing directly from almost 60 senior managers and drawing on nearly 2000 data points.

You can download the report below.