Glossary

relevant senior management function

03/07/2017

means, for the purposes of section 64A of FSMA, any of the following FCA controlled functions to the extent applicable, pursuant to the FCA Handbook, to a UK Solvency II firm, the Society, a managing agent, a third country branch undertaking (other than a Swiss general insurer), an ISPV, a large non-directive insurer or a small non directive insurer:

1. CF1 Director function;
   
   
2. CF2A Chair of the Nomination committee function;
   
   
3. CF2B Chair of the With-Profits committee function;
   
   
4. CF3 Chief executive function;
   
   
5. CF5 Director of unincorporated association function;
   
   
6. CF6 Small friendly society function;
   
   
7. CF10 Compliance oversight function;
   
   
8. CF28 Systems and control function; and
   
   
9. CF51 Actuarial conduct function holder in Solvency II third country Insurance undertakings.