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(in the PRA Handbook) PRA controlled function CF12 in the table of PRA controlled functions, described more fully in:(a) for a non-directive insurer, SUP 10B.8.1R(1) and Non-Solvency II Firms - Actuarial Requirements 2.1(1) of the PRA Rulebook;
(b) for a UK Solvency II firm, the Society, a managing agent and a third country branch undertaking, SUP 10B.8.1R(2) and Conditions Governing Business 6.1 of the PRA Rulebook.