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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.

packaged retail and insurance-based investment product

    154a product that is:

      1. (1) a packaged retail and insurance-based investment product within the meaning of article 4(3) of the PRIIPs Regulation; and
      1. (2) not exempt from the application of the PRIIPs Regulation under articles 2(2) or 32 thereof.