Prudential Regulation Authority Rulebook

2.1

If you are a natural person who is:

1. (1) an employee of a firm who is a key function holder; or
2. (2) approved under section 59 of FSMA by either:
1. (a) the PRA; or
2. (b) the FCA, in relation to a relevant senior management function,

you must comply at all times with all of the conduct standards.

2.1A

If you are a Conduct Rules non-executive director, you must comply at all times with the conduct standards specified in 3.1 to 3.3, 3.7 and 3.8.

2.1B

If you are an employee of a type specified in 1.1(3)(c), (e) or (f) you must comply at all times with the conduct standards specified in 3.1 to 3.3.

2.2

A firm must require:

1. (1) any person performing a key function to observe the conduct standards specified in 3.1 to 3.3;
2. (2) any key function holder (other than a notified non-executive director) to observe the conduct standards specified in 3.4 to 3.8, in addition to complying with (1);
3. (3) any notified non-executive director to observe the conduct standards specified in 3.7 and 3.8, in addition to complying with (1); and
4. (4) an employee of a type specified in 1.1(3)(c), (e) or (f) to observe the conduct standards specified in 3.1 to 3.3.