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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.

relevant person

    5
      1. 4596

    any of the following:172

      1. (1) (in COMP) a person for claims against whom the compensation scheme provides cover, as defined in COMP 6.2.1R;172
      1. (2) (otherwise)172 any of the following:
        1. (a) a director, partner or equivalent, manager or appointed representative (or where applicable, tied agent) of the firm;
        1. (b) a director, partner or equivalent, or manager of any appointed representative (or where applicable, tied agent) of the firm;
        1. (c) an employee of the firm or of an appointed representative (or where applicable, tied agent) of the firm; as well as any other natural person whose services are placed at the disposal and under the control of the firm or an appointed representative or 54a tied agent of the firm and who is involved in the provision by the firm of regulated activities;
        1. (d) a natural person who is directly 54involved in the provision of services to the firm or its appointed representative (or where applicable, tied agent) under an outsourcing arrangement or (in the case of a management company) a delegation arrangement to third parties,99 for the purpose of the provision by the firm of regulated activities or (in the case of a management company) collective portfolio management.99

    [Note: article 2(1) of the MiFID Org Regulation172 and article 3(3) of the UCITS implementing Directive]99