SYSC 22 Annex 2 Factors to take into account when asking for and giving regulatory references

1

Matters to take into account

Comments

(A) Any outstanding liabilities of that person from commission payments

(B) Any relevant outstanding or upheld complaint from an eligible complainant against P

(C) Section 5 of the relevant Form A in SUP 10A Annex 4 (Application to perform controlled functions under approved persons regime) or SUP 10C Annex 2 (Application to perform senior management functions)

(D) FIT 2 (Main assessment criteria)

(E) The persistency of any life policies sold by P

This only applies if SUP 16.8.1G(1) (Persistency reports from insurers) applies to B

Note: P refers to the employee or ex-employee about whom the reference is given as defined in more detail in SYSC 22.2.1R and SYSC 22.2.2R.