Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

COMP 12.3 Quantification date

Protected investment business

COMP 12.3.5R

For a claim made in connection with protected investment business which is not an ICD claim, the FSCS must determine a specific date as the quantification date, and this date may be either on, before or after the date of the determination of default.

COMP 12.3.6R

For a claim made in connection with protected investment business which is an ICD claim, the quantification date is the date the relevant person, or, where applicable, a successor,5 is determined to be in default.

Protected home finance mediation3

COMP 12.3.7R

21For a claim made in connection with protected home finance mediation3, the FSCS must determine a specific date as the quantification date, and this date may be either on, before or after the date of determination of default.

3

2Protected non-investment insurance distribution

COMP 12.3.8R

2For a claim made in connection with protected non-investment insurance distribution7, the FSCS must determine a specific date as the quantification date, and this date may be either on, before or after the date of determination of default.

Protected debt management business

COMP 12.3.9R

6For a claim made in connection with protected debt management business, the FSCS must determine a specific date as the quantification date, and this date may be either on, before or after the date of determination of default.