Part V Performance of Regulated Activities

Approval

F159ZBDesignated senior management functions

For the purposes of this Part the following are “designated senior management functions”—

(a)

a function of a description specified in rules made by the FCA under section 59(3)(a) or (b) which is designated as a senior management function by the FCA under section 59(6A);

(b)

a function of a description specified in rules made by the PRA under section 59(3)(a).