Under the SM&CR, anyone who is deemed a Directory Person must undergo an annual Certification Assessment to ensure they remain fit and proper to perform their role. This includes advisers giving mortgage or equity release advice, directors who don’t hold Senior Manager Functions, and client-facing individuals within Appointed Representative firms who require a qualification.
Certification isn’t just about confirming qualifications — it also covers ongoing competence, integrity, financial soundness, and the individual’s ability to perform their role effectively. This thorough assessment helps firms meet regulatory expectations and supports better outcomes for customers.
To help firms with this process, we’ve developed a dedicated Certification Assessment template specifically for Mortgage Brokers. This is a separate document from our Senior Managers and Certification Manual and is designed to simplify your assessment and record-keeping.
You can find this template and more resources available to download on our website.
