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.

CHAPTER I CONTENT AND PRESENTATION OF THE KEY INFORMATION DOCUMENT

Article -2 Interpretation

(1) In this Regulation, unless the contrary intention appears:

  1. (a)

    words and expressions used have the same meaning as in Regulation 1286/2014/EU, as amended by the [Packaged Retail and Insurance-based Investment Products (Amendment) (EU Exit) Regulations 2019];

  2. (b)

    a reference to a provision of FSMA is a reference to that provision as amended from time to time;

  3. (c)

    a reference to a provision of rules made under FSMA is a reference to that provision as it has effect on IP completion day;

  4. (d)

    any reference to a sourcebook is to a sourcebook in the Handbook of Rules and Guidance published by the FCA containing rules made by the FCA under FSMA;

  5. (e)

    references to ‘UCITS’ include both UK UCITS and EEA UCITS;

  6. (f)

    ‘IP completion day’ has the meaning given in section 39 of the European Union (Withdrawal Agreement) Act 2020.