View source for Agent as client - FCA Provision

{{fullanat|cobs|2.4.3| }}
In which the FCA inveigles on the much talked-about, seldom asked<ref>And, in the halls of the [[European Securities and Markets Association]] seemingly, ''never'' asked.</ref>, question “who is this {{fcaprov|client}} fellow, anyway?” 

An interesting point to note, especially post [[Brexit]]<ref>Assuming such an uplands-sunlit time ever comes to pass.</ref> is that this kind forensic precision goes wholly unaddressed among the mountains of directives, regulations, implementing directives, level two texts and ESMA Q&As that comprise {{t|MiFID}}. ''Nowhere'' does MiFID say ''who'' the client is: this rule is made up out of whole cloth by the Brits.

You may further wonder about the {{tag|FCA}}’s definition of {{fcaprov|client}}, and if so, by all means make all haste there — but expect to conclude “{{isia}}”.
{{seealso}}
*{{t|MiFID}}
{{ref}}