Content Options

Content Options

View Options

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.

Status: In this content, we have included all amendments made by EU exit-related instruments up to end September 2020. There will be more amendments to be made later this year, further to the September QCP.

direct offer financial promotion

    40a financial promotion that contains:

      1. (a) an offer by the firm or another person to enter into a controlled agreement with any person who responds to the communication; or
      1. (b) an invitation to any person who responds to the communication to make an offer to the firm or another person to enter into a controlled agreement;

    and which specifies the manner of response or includes a form by which any response may be made.

    In relation to MiFID or equivalent third country business "controlled agreement" includes an agreement to carry on an ancillary service.