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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.

CBTL arranger

    179a person who in the course of their trade, business or profession, for remuneration which may take a pecuniary form or any other agreed form of financial consideration:

      1. (a) presents or offers CBTL credit agreements to CBTL consumers; or
      1. (b) assists CBTL consumers by undertaking preparatory work or other pre-contractual administration in respect of CBTL credit agreements other than as in (a); or
      1. (c) concludes CBTL credit agreements with CBTL consumers on behalf of the CBTL lender;

    and is not:

      1. (d) a CBTL lender; or
      1. (e) merely introducing, either directly or indirectly, a CBTL consumer to a CBTL lender or CBTL arranger.

    [Note: article 5 of the MCD Order]