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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.

small authorised UK AIFM

    115a UK AIFM which:

      1. (a) is a small AIFM; and
      1. (b) has not exercised the option to meet the full requirements applying to a full-scope AIFM.180