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Application provision

1.1 Unless otherwise stated, this Part applies to:

  1. (1) a UK Solvency II firm;
  2. (2) in accordance with Insurance General Application 3, the Society, as modified by 4;
  3. (3) in accordance with Insurance General Application 3, managing agents, as modified by 4;
  4. (4) a third country branch undertaking (other than a Swiss general insurer);
  5. (5) a UK ISPV; and
  6. (6) in relation to any of the foregoing firms, any person who is:
    1. (a) a Conduct Rules non-executive director;
    2. (b) an employee of a firm who is a key function holder;
    3. (c) a certification employee (other than a key function holder);
    4. (d) approved under section 59 of FSMA by either:
      1. (i) the PRA; or
      2. (ii) the FCA, in relation to a relevant senior management function;
    5. (e) an employee who should have been approved under section 59 of FSMA by either:
      1. (i) the PRA; or
      2. (ii) the FCA, in relation to a relevant senior management function; or
    6. (f) an employee who is performing a function that would have been a controlled function but for Insurance - Senior Management Functions 2.4.

1.1

10/12/2018

Unless otherwise stated, this Part applies to:

  1. (1) a UK Solvency II firm;
  2. (2) in accordance with Insurance General Application 3, the Society, as modified by 4;
  3. (3) in accordance with Insurance General Application 3, managing agents, as modified by 4;
  4. (4) a third country branch undertaking (other than a Swiss general insurer);
  5. (5) a UK ISPV; and
  6. (6) in relation to any of the foregoing firms, any person who is:
    1. (a) a Conduct Rules non-executive director;
    2. (b) an employee of a firm who is a key function holder;
    3. (c) a certification employee (other than a key function holder);
    4. (d) approved under section 59 of FSMA by either:
      1. (i) the PRA; or
      2. (ii) the FCA, in relation to a relevant senior management function;
    5. (e) an employee who should have been approved under section 59 of FSMA by either:
      1. (i) the PRA; or
      2. (ii) the FCA, in relation to a relevant senior management function; or
    6. (f) an employee who is performing a function that would have been a controlled function but for Insurance - Senior Management Functions 2.4.

1.2

10/12/2018

In this Part the following definition shall apply:

employee

has the meaning given in Insurance – Certification 1.3.