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Status: You are viewing the version of the handbook as on 2016-10-03.

PRA controlled function

    196a controlled function which is specified by the PRA under section 59 of the Act (Approval for particular arrangements) in:128

      1. (1) (for relevant authorised persons) the part of the PRA's rulebook titled ‘Senior Management Functions’.128
      1. (2) (for Solvency II firms including large non-directive insurers, and for small non-directive insurers134) the Senior Insurance Management Functions parts of the PRA Rulebook: applicable to Solvency II Firms and Non-Solvency II Firms; or134131128131
      1. (3) [deleted]134.131