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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.

regulated credit agreement

    123in accordance with article 60B of the Regulated Activities Order:218

      1. (a) in the case of an agreement entered into before 1 April 2014, a credit agreement:218
        1. (i) which was a regulated agreement within the meaning of section 189(1) of the CCA when the agreement was entered into; or218
        1. (ii) which was such a regulated agreement after being varied or supplemented by another agreement before 1 April 2014;218218
        and which would not be an exempt agreement pursuant to article 60C(2) of the Regulated Activities Order if it had been entered into on 21 March 2016; or218
      1. (b) in the case of an agreement entered into on or after 1 April 2014, a credit agreement which is not an exempt agreement under articles 60C to 60H of the Regulated Activities Order.218