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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.

investment

    (in accordance with sections 22(4) of the Act (Regulated activities)177 and section 93(2) of the Financial Services Act 2012177) any investment, including any asset, right or interest.5