Notification to cease a controlled function: Connect

Firms should note that:

  • users must select the relevant firm when starting the application to be able to complete a Notification to cease a Controlled Function for an individual under that firm.
  • Connect will not accept an effective date more than 7 days in advance.
  • the Notification to Cease a Controlled Function should be submitted no later than 7 business days after an approved person ceases to perform a controlled function (see SUP 10A.14.8 in the Handbook).
  • if options ‘Termination of Employment or Contract’, ‘Suspension’ or ‘Other’ is selected in the Reason Field, comprehensive information explaining this reason for this selection must be supplied in the adjacent Additional Information field. Failure to supply this information may result in your application being delayed.