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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.

omnibus client account

    59as the context requires, either:

      1. (a) an account8790 maintained by a firm at an authorised central counterparty for more than one client of the firm in respect of which the authorised central counterparty has agreed with the firm to provide omnibus client segregation; or
      1. (b) an account8790 maintained 87at a clearing member at the request of a firm and in respect of more than one indirect client of the firm, as described in:90
        1. (i) article 4(2)(a) or 4(2)(b) of the EMIR L2 Regulation; or90
        1. (ii) article 4(2)(a) or 4(2)(b) of the MiFIR indirect clearing RTS.90