Reset to Today

To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

Alternative versions

  4. Point in time
    2018-04-01

APER 1.2 Purpose

APER 1.2.1G

[deleted]3

3
APER 1.2.1AGRP

3The Statements of Principle contained in APER 2 are rules made 2under section 64A(1)(a) 2of the Act (Rules of conduct). 2

APER 1.2.2GRP

2The guidance in APER 3 and APER 4 is guidance on the Statements of Principle and is called the2 Code of Practice for Approved Persons2.

33
APER 1.2.3GRP

The Code of Practice for Approved Persons sets out descriptions of conduct which, in the opinion of the FCA3, do or2 do not comply with a Statement of Principle2. The Code of Practice for Approved Persons also sets out, in certain cases, factors which, in the opinion of the FCA3, are to be taken into account in determining whether or not an approved person's conduct complies with a Statement of Principle.2

323
APER 1.2.4G

[deleted]1

1
APER 1.2.5GRP

As set out in SUP 10A.3.1 R (Provisions related to the Act)3, a function is a controlled function only to the extent that it is performed under an arrangement entered into by:

3
  1. (1)

    a firm; or

  2. (2)

    a contractor of the firm;

in relation to the carrying on by the firm of a regulated activity.

APER 1.2.6G

[deleted]3

3
APER 1.2.7G

[deleted]3

3
APER 1.2.8G

[deleted]3

3
APER 1.2.9G

[deleted]3

3