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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.



      1. (a) the sovereign or other head of a State in their public capacity;
      1. (b) the government of a State;
      1. (c) a department of a State; or
      1. (d) an agency or a special purpose vehicle of a State, including an agency or special purpose vehicle of (a), (b) or (c).