BSB podcast: The Certification Regime and assessing F&P

certification podcast
Jenna Cotter, Linda Reed, Ande Hardiman, Sara Thorpe


In January 2016 the BSB set up a working group of members to look at fitness and propriety in the context of the Senior Managers and Certification Regime, which came into effect on 7 March this year.

Collating the working group’s deliberations to date, the BSB published a Consultation Paper setting out voluntary guidelines to help member firms with the implementation of the regime. We invite responses to this consultation by 7 September.

Three months on from the introduction of the regime, the BSB gathered together some of the members of the working group to discuss some of the key challenges of developing an industry-wide approach to certification of fitness and propriety with reference to the guidelines.

Taking part in this first BSB podcast is:

  • Sara Thorpe, Cambridge & Counties Bank. Sara is Director of HR for Cambridge & Counties Bank. Prior to joining CCB, Sara ran her own company for over 10 years supporting SMEs to effectively manage and develop their staff. She draws on over 20 years’ experience, having worked in both L&D and HR management for a range of different organisations, including financial services, utilities, insurance and not for profit.
  • Ande Hardiman, BNY Mellon. Ande has worked in the Human Resources department of global investments company BNY Mellon for nine years supporting the personnel needs of the firm’s business lines. Most recently, he has worked closely with EMEA regional management and provided HR input into the implementation of the Senior Managers’ Regime in the UK at the company.
  • Linda Reed, Buckinghamshire Building Society. Linda has worked at the Buckinghamshire Building Society as Compliance Manager for almost a year, which is her first foray into the Building Society Sector. She is responsible in her current role for ensuring good customer outcomes and promoting a positive Compliance culture.
  • Jenna Cotter, Santander. Jenna is an Employee Regulation Manager for Santander UK. She has specialised in the interpretation and launch of the Senior Managers and Certification Regime since late 2014. She has a particular interest in the impacts of the regime on current HR practices.
  • Mikael Down, Banking Standards Board. Mikael is Director of Policy and Analysis at the Banking Standards Board, responsible for the BSB’s policy work and its annual assessment of bank/building society culture. He led the development of the Senior Managers and Certification Regime at the FCA, having previously worked in a number of financial services policy roles at HM Treasury.

We hope you find this first podcast from the BSB useful and informative in thinking around your firms’ own approach to certification. You may find it helpful to reread our Consultation Paper while listening, and please remember to submit your firms’ responses by 7 September 2016.

If you are a BSB member and interested in joining the working group, please do not hesitate to get in touch.