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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.

approved person

    4a person in relation to whom the FCA or the PRA166 has given its approval under section 59 of the Act (Approval for particular arrangements) for the performance of a controlled function.