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

  2. Point in time
    2018-01-13

SUP 10C.6 1FCA-required functions

Compliance oversight function (SMF16)

SUP 10C.6.1RRP

The compliance oversight function is the function of acting in the capacity of a director or senior manager who is allocated the function in:2

  1. (1)

    SYSC 6.1.4R(2); or2

  2. (2)

    article 22(3) of the MiFID Org Regulation; or2

  3. (3)

    article 22(3) of the MiFID Org Regulation (as applied in accordance with SYSC 1 Annex 1 2.8AR, SYSC 1 Annex 1 3.2-AR, SYSC 1 Annex 1 3.2-BR, SYSC 1 Annex 1 3.2CR and SYSC 1 Annex 1 3.3R).2

Money laundering reporting function (SMF17)

SUP 10C.6.2RRP

The money laundering reporting function is the function of acting in the capacity of the money laundering reporting officer of a firm.

SUP 10C.6.3GRP

A firm's obligations in respect of its money laundering reporting officer are set out elsewhere in the Handbook (see SYSC 6.3.9R and, for their scope, see the application provisions in SYSC 1 Annex 1).