In non-financial risk (NFR), this refers to the ability of organizations, regulators, and other stakeholders to hold individuals responsible for what happens within their area of responsibility. Generally, regulators are encouraging organizations to embed accountability as part of their culture. Specifically, a growing number of jurisdictions are holding senior managers accountable for certain types of failings, such as compliance breaches. An example of this is the UK Senior Managers & Certification Regime (SM&CR).