Glossary

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Term Definition Legal instruments

FCA activities

16/12/2015

THIS DEFINITION ONLY APPLIES TO THE LARGE NON-SOLVENCY II FIRMS – SENIOR MANAGERS REGIME – TRANSITIONAL PROVISIONS PART

means a function which would, except for Note 1 or Note 2 of Part 1 of the table in SUP TP 7.2.3R of the FCA Handbook, be an FCA governing function.