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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 2022-07-29.

permission

      1. (1) permission to carry on regulated activities; that is, any of the following:178
        1. (a) a Part 4A permission;178
        1. (b) [deleted];178
        1. (c) [deleted];178
        1. (d) [deleted];178
        1. (e) the permission that an ICVC has, under paragraph 2(2) of Schedule 5 to the Act (Persons concerned in Collective Investment Schemes);178
        1. (f) the permission that the Society of Lloyd’s has, under section 315(2) of the Act (The Society: authorisation and permission), which is to be treated as a Part IV permission for the purposes of Part 4A of the Act (Permission to carry on regulated activities) in accordance with section 315(3) of the Act.178
      1. (2) the authorisation that a TP AIFM qualifier has under regulation 78B of the AIFMD UK regulation.178