F1PART 9CPrudential regulation of FCA investment firms

Control of managers etc of non-authorised parent undertakings

143RManagers of non-authorised parent undertakings

A non-authorised parent undertaking of an FCA investment firm must take reasonable care to ensure that members of its management body—

(a)

are of sufficiently good repute, and

(b)

possess sufficient knowledge, skills and experience to perform their duties effectively.