Related provisions for SYSC 5.2.28

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SYSC 5.2.17GRP
(1) In cases where a certification employee's role changes to involve a new function involving an FCA-specified significant-harm function part way through the twelve-month period for which their certificate is valid, and that new function may have different requirements relating to:(a) personal characteristics;(b) the level of competence, knowledge and experience;(c) qualifications; or(d) training;the FCA would expect the firm to assess whether the employee is fit and proper to
SYSC 5.2.27RRP
(1) If:(a) a firm appoints an individual to perform a function which, but for this rule, would be an FCA-specified significant-harm function;(b) the appointment is to provide cover for a certification employee whose absence is reasonably unforeseen; and(c) the appointment is for less than four weeks;then the performance by that individual of such function does not constitute an FCA-specified significant-harm function.(2) This rule does not apply to FCA-specified significant-harm
SYSC 5.2.30RRP

Table: FCA-specified significant-harm functions


Where defined

(1) CASS oversight

SYSC 5.2.32R


(3) Proprietary trader

SYSC 5.2.34R

(4) Significant management

SYSC 5.2.35R

(5) Functions requiring qualifications

SYSC 5.2.39R

(6) Managers of certification employees

SYSC 5.2.41R

(7) Material risk takers

SYSC 5.2.42R

3(8) Client-dealing

SYSC 5.2.44R

3(9) Algorithmic trading

SYSC 5.2.49R