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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.

compensation costs

    the costs incurred:

      1. (a) in paying compensation; or
      1. (b) [deleted]221
      1. 105(c) [deleted]221105
      1. (d) under section 214B or section 214D of the Act; or105
      1. (e) by virtue of section 61 (Sources of compensation) of the Banking Act 2009;139105

    (including the costs of paying interest, principal and other costs of borrowing to pay such costs).139