1
Application and Definitions
1.1
Unless otherwise stated, this Part applies to:
- (1) a large non-directive insurer;
- (2) a Swiss general insurer; and
- (3) in relation to any of the foregoing firms, any person who is:
- (a) a Conduct Rules non-executive director;
- (b) an employee of a firm who is a key function holder;
- (c) a certification employee (other than a key function holder);
- (d) approved under section 59 of FSMA by either:
- (i) the PRA;
- (ii) the FCA, in relation to a relevant senior management function;
- (e) an employee who should have been approved under section 59 of FSMA by either:
- (i) the PRA; or
- (ii) the FCA, in relation to a relevant senior management function; or
- (f) an employee who is performing a function that would have been a controlled function but for Large Non-Solvency II Firms – Senior Management Functions 2.4.
- 10/12/2018
1.2
In this Part the following definition shall apply:
has the meaning given in Large Non-Solvency II Firms - Certification 1.2.
- 10/12/2018