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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.

You are viewing the version of the document as on 2011-04-29.

Status: In this content, we have included all amendments made by EU exit-related instruments up to end September 2020. There will be more amendments to be made later this year, further to the September QCP.

oil market participant

    a firm:

      1. (a) whose permission:
        1. (i) includes a requirement that the firm must not carry on any designated investment business other than oil market activity; and
        1. (ii) does not include a requirement that it comply with IPRU(INV) 5 (Investment management firms) or 13 (Personal investment firms); and
      1. (b) which is not an authorised professional firm, bank, BIPRU investment firm,29(unless it is an exempt BIPRU commodities firm)31 building society, credit union, friendly society, ICVC, insurer, 31MiFID investment firm (unless it is an exempt BIPRU commodities firm)31, media firm, service company, insurance intermediary,26 home finance administrator 26 11, mortgage intermediary,26 home finance provider 26 , incoming EEA firm (without a top-up permission), or incoming Treaty firm (without a top-up permission).4211