The SFC Manager-in-Charge (MIC) rules are onerous but it is necessary to fully comply and to be able to prove your compliance.
Our SFC MIC solution enables clients to ensure they identify the people filling the MIC roles, record their details/organisation chart, formalise Board approval of the information prior to SFC submission and periodically check for ongoing compliance.
GRC-Maestro keeps the records you need to show: the who, what, when and why regarding MIC compliance. Your MIC can change, as can your compliance team, but your firm remains able to historically prove its compliance.
For more information on the GRC-Maestro Platform click here.