PRA controlled function
232a controlled function which is specified by the PRA under section 59 of the Act (Approval for particular arrangements) in:128
- (1) (for relevant authorised persons) the part of the PRA's rulebook titled ‘Senior Management Functions’.128
- (2) (for Solvency II firms including large non-directive insurers, and for small non-directive insurers134) the Senior Insurance Management Functions parts of the PRA Rulebook: applicable to Solvency II Firms and Non-Solvency II Firms; or134131128131