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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.

You are viewing the version of the document as on 2019-12-09.

Status: In this content, we have included all amendments made by EU exit-related instruments up to end September 2020. There will be more amendments to be made later this year, further to the September QCP.

MAR 5A.1 Application

Who and what?

MAR 5A.1.1RRP

1This chapter applies to:

  1. (1)

    a UK domestic firm which operates an OTF from an establishment in the United Kingdom or elsewhere; or

  2. (2)

    an overseas firm which operates an OTF from an establishment in the United Kingdom.

MAR 5A.1.2GRP

1In addition:

  1. (1)

    In accordance with paragraph 15(9) of the Schedule to the Recognition Requirement Regulations and REC 2.16A.1GR, MAR 5A.3.9R applies to a UK RIE as though it was an investment firm.

  2. (2)

    GEN 2.2.22AR applies to ensure that a third country investment firm should not be treated in a more favourable way than an EEA firm.