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 11 Effectiveness of the list of exempted shares

The list of shares for which the principal trading venue is located outside the UK shall be effective as of 1 April following its publication by the FCA, except that the first list published by the FCA shall be effective from IP completion day.