CTRL 3.1.6 What is the senior management function?

The senior management function for an authorised firm is the function of being responsible (alone or with others) for managing and supervising a part or parts of the firm's business related to its regulated activities (other than those parts that are included in any of the other controlled functions defined in rules 3.1.2 to 3.1.5 and rules 3.1.7 to 3.1.11).

Amended by QFCRA RM/2014-6 (as from 1st January 2015)