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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.

group recovery plan

    52a document which provides for measures to be taken in relation to an RRD group, or any RRD institution in the group, to achieve the stabilisation of the group as a whole, in cases of financial stress, to address or remove the causes of the stress and restore the financial position of the group or the RRD institution.

    [Note: articles 2(1)(33) and 7(4) of RRD]