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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.

Lloyd's market activities

      1. 2330(a) advising on syndicate participation at Lloyd's, including advising on a transaction in the capacity transfer market;
      1. (b) managing the underwriting capacity of a Lloyd's syndicate as a managing agent at Lloyd's;
      1. (c) agreeing to carry on the regulated activities in (a) and (b);
      1. (d) carrying on designated investment business which is not MiFID business in relation to funds at Lloyd's; or
      1. (e) communicating or approving a financial promotion in relation to:
        1. (i) the underwriting capacity of a Lloyd's syndicate; or
        1. (ii) membership of a Lloyd's syndicate; or
        1. (iii) life policies written at Lloyd's; or
        1. (iv) any of the activities specified in (a) or (d).