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.

RCB 4.1 Application and purpose

Application

RCB 4.1.1GRP

1This chapter contains guidance for issuers, and owners and other persons subject to the RCB Regulations.

Purpose

RCB 4.1.2GRP

The purpose of this chapter is to give guidance on the FCA's approach to the use of its enforcement powers under the RCB Regulations and to set out the FCA's policy on the imposition and amount of financial penalties.