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Home FCA Handbook APER APER 1 APER 1.1A Application
You are viewing APER 1.1A Application as of . APER 1.1A Application was last updated on 01/01/2021.

APER 1.1A Application

Who?

07/12/2020R

APER applies to FCA-approved persons who are approved to perform a controlled function in SUP 10A (FCA Approved Persons in Appointed Representatives).

What?

07/12/2020R
  1. (1)

    APER applies to the performance by an approved person of FCA controlled functions in SUP 10A (FCA Approved Persons in Appointed Representatives) (whether or not approval has been sought and granted).

  2. (2)

    APER also applies to the performance by an approved person of any other functions in relation to the carrying on of a regulated activity by their authorised approved person employer.

  3. (3)

    Subject to (4), APER does not apply to conduct to which COCON applies.

  4. (4)

    APER applies to conduct to which COCON does not apply under COCON 1.1.8AR (To what conduct does it apply?).

  5. (5)

    APER does not apply to conduct unless it is within the scope of section 64A of the Act (Rules of conduct).

07/03/2016G

The functions described in APER 1.1A.2R are called accountable functions.

Where?

01/01/2021G

The territorial scope of the approved persons regime is set out in SUP 10A.1.