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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.

third-country competent authority

    13the authority of a country or territory which is not the United Kingdom86 that is empowered by law or regulation to supervise (whether on an individual or group-wide basis) regulated entities.