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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.

relevant former scheme

    (as defined in article 2(2) of the compensation transitionals order):

      1. (a) in relation to a pending application, the investment business compensation scheme under which the application was made;
      1. (b) in relation to an article 9 default, one of the following that applied to the default before commencement:
        1. (i) the Policyholders Protection Scheme established by the Policyholders Protection Act 1975;
        1. (ii) the Deposit Protection Scheme established by Part II of the Banking Act 1987;
        1. (iii) the Building Societies Investor Protection Scheme established by Part IV of the Building Societies Act 1986;
        1. (iv) the Friendly Societies Protection Scheme established in accordance with section 141 of the Financial Services Act 1986.4