Use of dealing commission to purchase goods or services - COBS Provision: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) Created page with "{{quote|{{cobsprov|11.6.3}} {{cobsprov|Use of dealing commission to purchase goods or services}} :(1) An investment manager must not accept goods or services in addition to th..." |
Amwelladmin (talk | contribs) No edit summary |
||
(10 intermediate revisions by the same user not shown) | |||
Line 1: | Line 1: | ||
{{ | {{fullanat|cobs|11.6.3|}} | ||
This rule has been the subject [https://www.fca.org.uk/publications/policy-statements/ps14-7-changes-use-dealing-commission-rules-feedback-cp13-17-and FCA Policy Statement 14/7] which changed the ground rules re whether [[corporate access]] could be treated as [[research]] for the purposes of COBS {{cobsprov|11.6.3}}. Expect {{tag|MiFID 2}} to wring yet more changes. | |||
{{ | See also {{cobsprov|11.6.8}} which gives examples of goods or services that relate to the execution of trades or the provision of research that the {{tag|FCA}} does ''not'' regard as meeting the requirements of either evidential provisions. | ||
{{Seealso}} | |||
*[https://www.fca.org.uk/publications/policy-statements/ps14-7-changes-use-dealing-commission-rules-feedback-cp13-17-and FCA Policy Statement 14/7 on Changes to the use of dealing commission rules] | |||
*{{cobsprov|2.3.1}} for the general rule on {{cobsprov|Inducements}}. | |||
*{{cobsprov|11.6}} generally on the {{cobsprov|use of dealing commissions}} to pay for investment research and other stuff. |
Revision as of 10:29, 10 October 2017
The JC’s Reg and Leg resource™
UK Edition COBS Rules
|
This rule has been the subject FCA Policy Statement 14/7 which changed the ground rules re whether corporate access could be treated as research for the purposes of COBS 11.6.3. Expect MiFID 2 to wring yet more changes.
See also 11.6.8 which gives examples of goods or services that relate to the execution of trades or the provision of research that the FCA does not regard as meeting the requirements of either evidential provisions.
See also
- FCA Policy Statement 14/7 on Changes to the use of dealing commission rules
- 2.3.1 for the general rule on Inducements.
- 11.6 generally on the use of dealing commissions to pay for investment research and other stuff.