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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 capital margin

    29the risk capital margin for a with-profits fund calculated in accordance with the rules in INSPRU 1.3.43R to INSPRU 1.3.103G46.