Governance | Prudential Regulation Authority Handbook & Rulebook
Prudential Regulation Authority Rulebook

Prudential Regulation Authority Rulebook

Part

Insurance - Operational Resilience

Chapter

Governance

Printed on: 15/06/2025

Rulebook at: 16/05/2025


7

Governance

7.1

A firm must ensure that its management body approves the important business services and important group business services identified by the firm in compliance with 2.1 and, where Group Supervision 22.2 applies, Group Supervision 22.3.

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7.2

A firm must ensure that its management body approves the impact tolerances set by the firm in compliance with 2.2 and, where Group Supervision 22.2 applies, Group Supervision 22.3.

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7.3

A firm must ensure that its management body approves and regularly reviews the self-assessment required by 6.1.

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