SMCR Reasonable steps - simple in theory, challenging in practice

'Reasonable steps' has now become a part of the vocabulary of the regulators and senior managers alike.  But what may appear to be a relatively simple concept can be extremely challenging in practice - both in terms of a senior manager establishing a 'reasonable steps' framework and in demonstrating that a senior manager took reasonable steps when things may go wrong.  

To read more about 'reasonable steps' and how you evidence them see our latest Risk Advisory blog post here.