Security Awareness Training
Build practical awareness of cyber security, information protection and safer employee behaviours.
Explore More →
SMCR Compliance Training
SMCR Training for Private Equity & Venture Capital Firms
Role-relevant SMCR training for UK private equity and venture capital teams, with dedicated learning for employees and Senior Managers.
Help learners connect Conduct Rules and individual accountability with practical decisions involving investments, investor reporting, operations, oversight and escalation.
Individual
Buy Now @ £20
Organisation
Explore More
- UK SMCR Training
- Employees Course
- Senior Managers Course
- PE/VC Scenarios
Individual SMCR eLearning
SMCR Training For Individuals
A focused learning experience for professionals who want practical SMCR and Conduct Rules awareness without a lengthy training commitment.
-
Interactive eLearning Practical digital learning supported by SMCR scenarios and knowledge checks.
-
Role-relevant duration Focused learning paths for employees and Senior Managers without a lengthy commitment.
-
Instant access Start learning immediately after purchase.
Enterprise SMCR eLearning
SMCR Training For Organisations
Deliver SMCR awareness across teams while giving administrators the controls needed to assign training, monitor completion and manage recurring compliance activity.
-
Reporting and tracking Monitor learner progress, completion and training status.
-
Automatic reminders Support completion with automated learner reminders.
-
SCORM or SaaS delivery Deploy through your LMS or use the SucceedLEARN platform.
-
Group assignment Assign SMCR training to selected teams or learner groups.
-
Completion visibility Give administrators clear oversight of learner activity.
PE/VC Compliance Learning Suite
Avail the Whole Suite at £2/user/month
SMCR Is Part of a Comprehensive PE/VC Compliance Suite
Extend SMCR awareness into a broader compliance programme covering cyber security, code of conduct, financial crime and regulated-firm responsibilities.
PE/VC Suite:
£2/user/month for organisations with 10+ users
Billed annually at £24 per user
Phishing Simulation
Reinforce phishing awareness through realistic simulation exercises.
Explore More →Data Privacy
Strengthen responsible handling of personal information and privacy awareness.
Explore More →Preventing Sexual Harassment
Build awareness of workplace conduct and appropriate employee responsibilities.
Explore More →AML Training
KYC, CDD, EDD, MLRO, CFT, CPF and practical financial crime awareness.
Explore More →Gifts and Entertainment
Understand compliance considerations involving gifts, hospitality and entertainment.
Explore More →Whistleblowing
Build awareness of speaking up and appropriate reporting channels.
Explore More →Political Donations
Awareness of political donations within organisational governance and compliance.
Explore More →SMCR Training – Employees
Employee-focused awareness of SMCR and regulated-firm conduct responsibilities.
Explore More →SMCR Training – Senior Managers
Senior-manager awareness of SMCR, accountability and regulatory responsibilities.
Explore More →Includes All Financial Crime Prevention Courses
Access the wider Financial Crime Prevention learning range as part of the broader PE/VC compliance proposition.
Explore More →
Certification
CPD Certification
Selected SucceedLEARN courses are CPD certified, helping learners build practical compliance knowledge while supporting continuing professional development.
✓
Structured Professional Learning
✓
Practical Compliance Awareness
✓
Supports Continuing Development
*CPD certification applies to selected courses only.
About the Training
What Is SMCR Training for UK Private Equity and Venture Capital Firms?
SMCR training helps relevant employees and Senior Managers understand their responsibilities under the Senior Managers and Certification Regime.
SucceedLEARN places the subject in a private equity and venture capital context, using situations involving investment decisions, reporting, due diligence, fund operations and oversight.
Role-Based Learning
UK SMCR Training Courses for Employees and Senior Managers
Choose learning that reflects the learner's responsibilities rather than using the same content for every role.
SMCR Training for Employees
Build practical understanding of the SMCR framework and the six Individual Conduct Rules through situations relevant to PE and VC employees.
- SMCR structure and employee categories
- Six Individual Conduct Rules
- PE/VC-relevant workplace scenarios
- Annual attestation
- Reporting and escalation
- Scenario-based assessment
SMCR Training for Senior Managers
Develop understanding of Senior Manager accountability, reasonable steps, delegation, oversight, documentation and additional Conduct Rules.
- Statement of Responsibilities
- Duty of Responsibility
- Reasonable steps
- Additional Senior Manager Conduct Rules
- Delegation and oversight
- Recordkeeping and breach reporting
Employees Learning Path
SMCR Training for Employees: FCA Conduct Rules and Workplace Responsibilities
The Employees course helps learners understand where they sit within the SMCR structure and what the six Individual Conduct Rules mean for day-to-day behaviour.
Practical situations help connect the rules with decisions involving investor information, due diligence, operations, valuations, confidential information and regulatory interaction.
Key Learning Areas
- Understand the SMCR structure and relevant categories
- Recognise what each Individual Conduct Rule expects
- Apply the rules to practical workplace decisions
- Understand when concerns should be reported or escalated
FCA Conduct Rules Training
How Do FCA Conduct Rules Apply to PE and VC Employees?
The course places Conduct Rules in situations relevant to private equity and venture capital, helping learners recognise when individual conduct can affect investors, the firm or regulatory interactions.
Investor Reporting
Recognising and responding appropriately to inaccurate or potentially misleading information.
Due Diligence
Responding appropriately when important information remains incomplete but commercial pressure is increasing.
Sensitive Information
Understanding when information requires appropriate clearance before it is shared.
Senior Managers Learning Path
SMCR Senior Managers Training for Reasonable Steps, Oversight and Accountability
Senior Managers have additional responsibilities beyond the employee-level Conduct Rules. This course focuses on how those responsibilities translate into leadership and oversight.
Learners work through practical PE/VC situations involving controls, delegation, reporting, documentation and regulatory interaction.
Key Learning Areas
- Statements of Responsibilities
- Duty of Responsibility
- Reasonable steps
- Delegation and oversight
- Additional Senior Manager Conduct Rules
- Documentation and recordkeeping
Senior Manager Accountability
What Are Reasonable Steps Under SMCR for Senior Managers?
In the supplied Senior Managers course, reasonable steps are explored through practical oversight activities such as delegation, control reviews, escalation and follow-up.
Clear Responsibilities
Establish clear reporting lines, responsibilities and oversight arrangements.
Active Oversight
Monitor delegated work, challenge weaknesses and respond to emerging risks or red flags.
Documented Actions
Maintain records, audit trails and evidence of important decisions and oversight actions.
Course Selection
Who Should Take SMCR Training in a UK PE or VC Firm?
Choose the learning path that best matches the learner’s role and responsibilities within the firm.
Employees Course
SMCR Training for Employees
Designed for relevant employees who need to understand the SMCR structure and how the Individual Conduct Rules apply to their responsibilities.
SMCR structure
Individual Conduct Rules
Workplace responsibilities
Explore Employees Course
Senior Managers Course
SMCR Training for Senior Managers
Designed for relevant Senior Management Function holders who need additional understanding of accountability, reasonable steps, delegation and oversight.
Senior Manager accountability
Reasonable steps
Delegation and oversight
Explore Senior Managers Course
UK Regulatory Context
UK SMCR Training: FCA Conduct Rules, COCON and PRA Responsibilities
FCA
Financial Conduct Authority
RegulatorThe Employees course explains that SMCR was introduced by the FCA to strengthen conduct standards and individual accountability.
COCON
Code of Conduct Sourcebook — COCON
SourcebookThe Employees course identifies COCON as the sourcebook containing the Conduct Rules covered in the training.
PRA
Prudential Regulation Authority
Prudential RegulationThe Senior Managers course also refers to PRA responsibilities in the context of Senior Manager regulatory obligations.
Practical Learning
Scenario-Based SMCR Training for Private Equity and Venture Capital Teams
The supplied courses use realistic decision points rather than relying only on definitions and regulatory terminology.
Learners consider situations involving investments, reporting, due diligence, operations, regulatory interaction and Senior Manager oversight.
Both modules conclude with scenario-based assessments designed to test understanding of the course material.
PE/VC-Focused Learning
SMCR Compliance Training Designed for UK PE and VC Roles
Give learners examples that reflect private equity and venture capital work rather than relying solely on generic financial-services scenarios.
Role-Specific Courses
Employees and Senior Managers follow separate learning pathways reflecting different responsibilities.
PE/VC-Relevant Examples
Situations connect SMCR concepts with investment, reporting, fund operations and oversight.
Practical Decisions
Scenario questions help learners apply the concepts rather than simply memorise terminology.
Frequently Asked Questions
SMCR Training FAQs for UK Private Equity and Venture Capital Firms
What does SMCR stand for?
SMCR stands for the Senior Managers and Certification Regime. It is the UK framework for individual accountability within relevant regulated financial services firms.
What are the main parts of SMCR?
The SucceedLEARN Employees course explains Senior Managers, Certified Persons and Conduct Rules Staff, alongside the Conduct Rules that apply to relevant individuals.
Does SucceedLEARN use PE and VC examples?
Yes. The courses include situations involving investments, due diligence, investor reporting, fund operations, valuations, fundraising and portfolio oversight.
What is the difference between the Employees and Senior Managers courses?
The Employees course focuses on the SMCR structure and Individual Conduct Rules. The Senior Managers course adds responsibility, reasonable steps, oversight, delegation and additional Senior Manager Conduct Rules.
Do the SucceedLEARN SMCR courses include assessments?
Yes. Both supplied courses conclude with scenario-based assessments that test understanding of the course content.
Does the Employees course cover annual attestation?
Yes. The Employees course includes annual attestation and explains the responsibilities learners should consider during the process.
Does SMCR training cover reporting and escalation?
Yes. The Employees course covers reporting and escalation of potential Conduct Rule breaches. The Senior Managers course also addresses oversight, documentation and breach reporting.
Does the Senior Managers course cover Statements of Responsibilities?
Yes. The Senior Managers course covers Statements of Responsibilities, Duty of Responsibility and evidence of oversight.
Are practical scenarios included in both SMCR courses?
Yes. Both courses use scenarios and decision points to connect SMCR principles with practical workplace situations.
Why are there separate SMCR courses for employees and Senior Managers?
The two courses address different levels of responsibility. Employees focus on individual conduct, while Senior Managers also explore leadership accountability, reasonable steps, delegation and oversight.
SucceedLEARN SMCR Training
Buy SMCR Training for Your UK Private Equity or Venture Capital Team
Choose role-relevant learning for employees, Senior Managers or both audiences within your organisation.
Course Enquiry
Enquire About SucceedLEARN SMCR Training for Your Organisation
Tell us which SMCR course you are interested in and share your organisation’s training requirements.