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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.

Chapter -2 Definitions

In these Standards:

1. references to the Payment Services Regulations 2017 (SI 2017/752) are references to the Payment Services Regulations as amended by the Electronic Money, Payment Services and Payment Systems (Amendment and Transitional Provisions) (EU Exit) Regulations 2018;

2. where a term is defined in the Payment Services Regulations 2017 (SI 2017/752), that definition shall apply unless the contrary intention appears.