(1) The items listed in Column (2) of the table in Schedule 1 of these Regulations are responsibilities that are concerned with aspects of a firm's affairs and in respect of which a PCF holder shall have inherent responsibility for the purposes of Section 53B(1)(a) of the Act of 2010.
(2) A PCF holder listed in Column 1 of the table in Schedule 1, shall have the corresponding responsibility listed in Column 2 of the table in Schedule 1.