CASS 1A.3 Responsibility for CASS operational oversightCASS 1A.3.1R01/10/2011RPA firm CASS small firm1 must allocate to a director performing a significant influence function or a senior manager performing a significant influence function responsibility for: (1) oversight of the firm’s operational compliance with CASS; (2) reporting to the firm’s governing body in respect of that oversight; and (3) completing and submitting a CMAR to the FSA in accordance with SUP 16.14. 1CF10a: the CASS operational oversight functionCASS 1A.3.1AR01/10/2011RP1A CASS medium firm and a CASS large firm must allocate to a director or senior manager the function of: (1) oversight of the operational effectiveness of that firm’s systems and controls that are designed to achieve compliance with CASS; (2) reporting to the firm’s governing body in respect of that oversight; and (3) completing and submitting a CMAR to the FSA in accordance with SUP 16.14. CASS 1A.3.1BG01/10/2011RP1CASS 1A.3.1A R describes the controlled function known as the CASS operational oversight function. The table of controlled functions in SUP 10.4.5 R together with SUP 10.7.9 R specify the CASS operational oversight function as a required function for a firm to which CASS 1A.3.1A R applies.CASS 1A.3.2R01/10/2011[deleted]11CASS 1A.3.3R01/10/2011RP (1) Subject to (2), a firm must make and retain an appropriate record of the person to whom responsibility is allocated in accordance with CASS 1A.3.1 R or CASS 1A.3.1A R.1 (2) A CASS small firm must make and retain such a record only where it allocates responsibility to a person other than the person in that firm who performs the compliance oversight function. (3) A firm must ensure that the record made under this rule is retained for a period of five years after it is made.