It is a regulatory requirement to allocate certain Prescribed Responsibilities to your Senior Manager Function holders. You must ensure that you have no gaps.
Finding all of these in the rules is time consuming as both PRA and FCA have lists of Prescribed Responsibilities in their rules.
This is a complete list of all of the PRA and FCA Senior Manager Functions and Prescribed Responsibilities. It includes the PRA and FCA rule references. It will allow you to do your mapping with confidence that you haven’t missed anything.
It is provided in Excel so that you can edit, and filter according to your firm’s requirements.
As with all our templates this has been formatted ready to print and \ or circulate internally. The template is in black and white, and uses standard fonts. It is ready for you to apply your corporate branding or just start using.
SMFs and Prescribed Responsibilities
This file is in Microsoft Excel 97-2003 (*.xls) format. It is also available from our store in Microsoft Excel (*.xlsx) format.