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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.

customer-dealing function

    182 in relation to the carrying on of a regulated activity by an authorised person ("A") a function that will involve the person performing it in dealing with:

      1. (a) customers of A; or
      1. (b) property of customers of A;

    in a manner substantially connected with the carrying on of the activity.