Part

Fitness and Propriety

Chapter

Application and Definitions

Printed on: 03/05/2024

Rulebook at: 07/03/2016

1

Application and Definitions

1.1

Unless otherwise stated, this Part applies to every firm that is:

  1. (1) a CRR firm;
  2. (2) a credit union; or
  3. (3) a third country CRR firm in relation to the activities of its establishment in the UK.
  • 07/03/2016

1.2

The matters referred to in 2 are relevant to the PRA’s determination of whether a person to whom a senior management application relates is fit and proper.

  • 07/03/2016

1.3

In this Part, the following definitions shall apply:

continued approval

has the meaning in Senior Managers Regime – Transitional Provisions 1.2.

senior management application

means an application for the PRA’s approval under section 59 of FSMA.

  • 07/03/2016