OE-M04: Total number of individuals within scope of Senior Managers and Certification Regime (SM&CR) – broken down by SM and CR
2024/25 values
| 2023/24 | 2024/25 | |
|---|---|---|
| Total number of unique individuals (unique IRNs) on the Register with at least one approved Senior Manager function (as at 31 March 2025) | 62,953 | 58,700 |
| Total number of unique individuals (unique IRNs) on Register with at least one approved Certified Function (as at 31 March 2025) | 168,115 | 168,500 |
Source: FCA data
Individuals may be on the register for active SM and Certified functions at the same time, so they will be included in both figures.
CR refers to the Certification Regime. Unlike under the Senior Managers Regime, we do not approve staff carrying out Certified Functions. Firms need to check and certify that these individuals are fit and proper themselves.