Controlled Functions definition
Controlled Functions means a function carried on by an approved person in relation to a listed company or CMSP that requires prior CBB approval, as per the relevant licensing Module.
Controlled Functions means those functions set out in Schedule 1 of the Regulations as they apply to regulated financial service providers;
Controlled Functions means those functions set out in Schedule 1 of the 2013 Regulations as they apply to credit unions and Schedule 1 of the 2015 Regulations as they apply to credit unions that are also authorised as retail intermediaries;
Examples of Controlled Functions in a sentence
During the term of this Agreement the AR shall ensure that the required number of its directors, partners, members or (where the AR is a sole trader) the principal (as the case may be) is approved under Section 59 of the FSMA for the performance of the Controlled Functions in relation to the Regulated Activities.
If from time to time you carry out Controlled Functions, the Company reserves the right to remove you from involvement in some or all Controlled Functions or any other regulated activities if the Company has any concern about your competence or fitness and propriety to carry out those Controlled Functions or other regulated activities.