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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.

scope of advice, scope

    57the basis on which personal recommendations on packaged products is given by a firm, that is, one of the following:

      1. (1) the whole market (or the whole of a named sector of the market); or
      1. (2) a limited number of product providers; or
      1. (3) a single company or single group of companies.

    References to a firm's scope of personal recommendations of packaged products include, where the context requires, a reference to the scope of personal recommendations of the firm's appointed representatives or, where applicable, tied agent.