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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.

with-profits committee

    13a committee:23

      1. (a) the majority of the members of which are independent of the firm, or, where there is an equal number of independent and non-independent members, which is chaired by a person who is one of the independent members; and23
      1. (b) which satisfies the requirements of its terms of reference.23