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managerial responsibility

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managerial responsibility

(1) (except in SYSC 19G) has the meaning in article 2 of the Material Risk Takers Regulation 2020.149
(2) (in SYSC 19G) a situation in which a staff member heads a business unit or a control function and is directly accountable to the management body as a whole, to a member of the management body or to senior management.149

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