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.

Article 1 Description of input data

The code of conduct to be developed by the administrator under Article 15(1) of Regulation (EU) 2016/1011 ("the code of conduct") shall include a clear description of, and requirements with respect to, at least the following matters concerning the input data to be provided:

  1. (a)

    the type or types of input data to be provided;

  2. (b)

    the required standards to be met regarding the quality and accuracy of the input data;

  3. (c)

    the minimum quantity of input data to be provided;

  4. (d)

    the order of priority, if any, in which the different types of input data are to be contributed;

  5. (e)

    the format in which the input data is to be provided;

  6. (f)

    the frequency of submission of the input data;

  7. (g)

    the timing of submission of the input data;

  8. (h)

    the procedures, if any, that each contributor is required to have in place for adjustments to and standardisation of the input data.