The Rulebook Glossary contains defined terms used in more than one Part across the PRA Rulebook. The full Glossary can be printed (including to pdf) or emailed using the icons.
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You are viewing the Rulebook in the past on 06/09/2024
means outsourcing services of such importance that weakness, or failure, of the services would cast serious doubt upon the firm'scontinuing satisfaction of the threshold conditions or compliance with the Fundamental Rules.
means an employee (within the meaning in section 63E(9) of FSMA (certification of employees by authorised persons)) of a firm whose professional activities have a material impact on the firm's risk profile.