Section 66B(3)

Condition B is that— the person has at any time been knowingly concerned in a contravention of a relevant requirement by a PRA-authorised person, and at that time the person was— an approved person in respect of the performance of a relevant senior management function in relation to the carrying on by the PRA-authorised person of a regulated activity, ... an employee of the PRA-authorised person , or a director of the PRA-authorised person.

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Source: legislation.gov.uk · retrieved 2026-09-04