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

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significant-influence function

    228(in accordance with section 59(7B) of the Act and 139in relation to the carrying on of a regulated activity by an authorised person) a function that is likely to enable the person responsible for its performance to exercise a significant influence on the conduct of the authorised person's affairs, so far as relating to the activity. For the purposes of SYSC 2, COCON and DEPP, this also includes a PRA controlled function, as specified in the PRA Rulebook: Solvency II Firms: Insurance - Senior Insurance Management Functions.139