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.

GEN TP 1 Transitional provisions

GEN TP 1.3 (3) Transitional Provisions applying to GEN only

(1)

(2) Material to which the transitional provision applies

(3)

(4) Transitional provision

(5) Transitional provision: dates in force

(6) Handbook provision: coming into force

54

GEN 6.14

R

4GEN 6.1 does not:

(1) apply to an unamended contract of insurance, first entered into on or before 24 July 2003; or

(2) prohibit a firm from claiming on, or making a payment under, a contract of insurance:

(a) in connection with a financial penalty imposed by the FSA pursuant to a warning notice issued before 25 July 2003; or

(b) first entered into between 25 July 2003 and 31 December 2003 in respect of a financial penalty imposed by the FSA by a final notice issued on or before 31 December 2003.

(For these purposes only, a contract of insurance will be regarded as unamended if:

(i) it was amended on or before 24 July 2003; or

(ii) it was amended after 24 July 2003, but the amendments did not affect the duration or scope of any indemnity against a financial penalty imposed by the FSA under the Act.)

4From 1 January 2004

41 January 2004

911

GEN 5 Annex 1 G

G

[expired]21

21
21 21

1210

GEN 4.3.1 R

R

[expired]21

2121
21 21

1611

GEN 4.5

R

[expired]21

2121

1612

GEN 4 Annex 1 R

R

[expired]21

2121
21 21

2013

GEN 4.3.1 R, GEN 4 Annex 1 R and GEN 4 Annex 1A

R

[expired]21

21
21 21

2014

GEN 4.5.3 R and GEN 4.5.4 R

R

[expired]21

21
21 21

2215

Rules and directions implementing MiFID II

R

[expired]23

23

23

2216

Rules and directions implementing MiFID II

G

[expired]23

23

23

GEN TP 1.3 (4) Transitional Provisions applying to GEN only

The references to "GEN 6.1" in the table above must be read as "GEN 6.1 and General Provisions 7 in the

PRA Rulebook".