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.

MAR 4.1 Application and Purpose


MAR 4.1.1RRP

1This chapter applies to every firm whose permission includes, or ought to include, any designated investment business, except as set out in MAR 4.4.1 R.

MAR 4.1.2GRP

MAR 4.1.1 R applies regardless of whether the firm's activity:

  1. (1)

    is a regulated activity;

  2. (2)

    is carried on from an office of the firm in the United Kingdom; or

  3. (3)

    is in respect of a client in the United Kingdom.


MAR 4.1.3G


MAR 4.1.4G