Prudential Regulation Authority Rulebook

1.1

Unless otherwise stated, this Part applies to every firm that is:

1. (1) a CRR firm;
2. (2) a credit union; or
3. (3) a third country CRR firm in relation to the activities of its establishment in the UK.

1.2

The matters referred to in 2 are relevant to the PRA’s determination of whether a person to whom a senior management application relates is fit and proper.

1.3

In this Part, the following definitions shall apply:

continued approval

has the meaning in Senior Managers Regime – Transitional Provisions 1.2.

disciplinary action

has the meaning given in section 64C of FSMA.

individual conduct requirements

means

1. (1) the Individual Conduct Rules and Senior Manager Conduct Rules in Conduct Rules 2 and 3;
2. (2) the Individual Conduct Standards and Senior Insurance Manager Conduct Standards in Insurance – Conduct Standards 3;
3. (3) the Individual Conduct Standards and Senior Insurance Manager Conduct Standards in Large Non-Solvency II Firms – Conduct Standards 3;
4. (4) FIT and APER in the PRA Handbook;
5. (5) COCON in the FCA Handbook; and
6. (6) APER in the FCA Handbook.

regulatory reference template

means the template in 7.1.