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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.

risk concentration

    23192all risk121exposures with a loss potential which is121 large enough to threaten the solvency or the financial position in general of the regulated entities in the financial conglomerate, whether121 such exposures are121 caused by counterparty risk/121credit risk, investment risk, insurance risk, market risk, other risks, or a combination or interaction of these risks.

    [Note: article 2(19) of the Financial Groups Directive (Definitions)]192