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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.

deductions plan

    43(in COBS) a plan that describes the deductions from asset share that a firm expects to make for the cost of guarantees and the use of capital (COBS 20.2.8 R).