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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 7 March 2016 - onwards
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34. Recording information about senior managers

(1) Section 347 of FSMA 2000 (the record of authorised persons etc.) is amended as follows.

(2) In subsection (2) -

(a) in paragraph (g), after sub-paragraph (iii) insert -

"(iv) in a case where the authorised person concerned is a relevant authorised person, whether or not the person is a senior manager;";

(b) after that paragraph insert -

"(h) in the case of an approved person who is a senior manager in relation to a relevant authorised person -

(i) whether a final notice has been given to the person under section 390; and

(ii) if so, any information about the matter to which the notice relates which has been published under section 391(4)."

(3) After subsection (8) insert -

"(8A) In this section -

"relevant authorised person" has the same meaning as in Part 5 (see section 71A),

"senior manager", in relation to a relevant authorised person, means a person who has approval under section 59 to perform a designated senior management function in relation to the carrying on by the authori

Comparing proposed amendment...