Content Options

SUP 10C.6 1FCA-required functions

Compliance oversight function (SMF16)

SUP 10C.6.1R

The compliance oversight function is the function of acting in the capacity of a director or senior manager who is allocated the function in SYSC 6.1.4R(2).

Money laundering reporting function (SMF17)

SUP 10C.6.2R

The money laundering reporting function is the function of acting in the capacity of the money laundering reporting officer of a firm.

SUP 10C.6.3G

A firm's obligations in respect of its money laundering reporting officer are set out elsewhere in the Handbook (see SYSC 6.3.9R and, for their scope, see the application provisions in SYSC 1 Annex 1).