SUP 10A Annex 2 Approved person regime: summary of forms and their use for applications for approval to perform an FCA-controlled function

G

Function

Form

Submission

person about to perform an FCA controlled function if he has never been approved by the FCA or PRA before.

A

Submitted by the firm making the application before activities requiring approval commence.

Candidate is to perform an FCA significant-influence function and either has current approval to perform an FCA controlled function that is a 1significant-influence function, an FCA-designated senior management function 1or a PRA controlled function, or has had such an approval within the previous six months.

Shortened Form

A

if conditions met

Submitted by the firm making the application before activities requiring approval commence.

Candidate is to perform the customer function and is either an FCA-approved person or a PRA-approved person, or was one within the previous six months.

Shortened Form

A

if conditions met

Submitted by the firm making the application before activities requiring approval commence.

Candidate ceased to be an approved person more than six months ago.

A

Submitted by the firm making the application before activities requiring approval commence.

Candidate is seeking to perform a significant-influence function and either:1

(1) has never had approval from the FCA or PRA to perform an FCA controlled function that is a significant-influence function, an FCA designated senior management function or a PRA controlled function1 or

(2)1 ceased to have approval from the FCA or PRA to perform such function more than six months ago.

A

Submitted by the firm making the application before activities requiring approval commence.

Firm withdrawing 1an outstanding application to perform an FCA controlled function1.

B

Submitted by the firm: signed by all interested parties.

Person ceasing to perform an FCA controlled function.

C (unless it should be notified under Form E)

Submitted by the firm within seven business days of approved person ceasing to perform controlled function(s).

If an FCA-approved person's title, name or national insurance number changes, or there is information which may be material to the continuing assessment of an approved person's fitness and propriety.

D

Submitted by firm within seven business days of the firm becoming aware of the matter.

Person remaining with the same firm but changing FCA controlled functions (excluding where the person is changing from a customer function to a significant-influence function).

E

Submitted by firm to the FCA before changes take place.

Person remaining with the same firm but changing from a customer function to an FCA significant-influence function.

A

See examples in this table relating to the use of Form A

Person remaining with the same firm but giving up a PRA controlled function and taking up an FCA controlled function.

E

Submitted by firm to the FCA before changes take place.

Person remaining with the same firm in the circumstances described in Example 6 in the table in SUP 10A.11.10 G (giving up a PRA controlled function triggering need for FCA approval).

E

Submitted by firm to the FCA in hard copy in advance of giving up the PRA governing function.

Person remaining with the same firm but giving up an FCA significant-influence function and taking up a PRA controlled function.

E

Submitted by firm to the PRA before changes take place (see the PRA's Handbook).