Prudential Regulation Authority Rulebook

2.1

[Deleted.]

2.2

A firm must provide the information required by Large Non-Solvency II Firms – Fitness and Propriety 4.1 for each key function holder as soon as reasonably practicable after the appointment of the key function holder.

2.3

The PRA directs that, subject to 2.4, the information referred to in 2.2 must be provided to the PRA in the key function holder notification form in accordance with 3.3.

2.4

The PRA directs that:

1. (1) where the key function holder is to be approved by the PRA to perform a PRA senior management function, the firm must provide the information referred to in 2.2 to the PRA in whichever Form is required for the PRA senior management approval application, pursuant to Large Non-Solvency II Firms – Senior Managers Regime - Applications and Notifications 2, which must be accompanied by a statement of responsibilities form; and
2. (2) where the key function holder is to be approved by the FCA to perform an FCA controlled function, the firm is not required to submit a key function holder notification form to the PRA to the extent the firm provides the information referred to in 2.2 to the FCA as part of the application to the FCA, with a statement of responsibilities form.