Retail client - COBS Provision: Difference between revisions

Revision as of 13:27, 11 January 2022

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™

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Not a professional client, and not an eligible counterparty. A person with whom, generally, a MiFID-regulated investment bank will want little to do. Unless they’re PWM clients, of course.

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-{{cobsanat|3.4}}
+{{a|g|}}
-{{Mifid categorisation}}
+Not a {{cobsprov|professional client}}, and not an {{cobsprov|eligible counterparty}}. A person with whom, generally, a {{tag|MiFID}}-regulated [[investment bank]] will want little to do. Unless they’re PWM clients, of course.
-Not a {{cobsprov|professional client}}, and not an {{cobsprov|eligible counterparty}}. A person with whom, generally, a {{tag|MiFID}}-regulated [[investment bank]] will want little to do. Unless they're PWM clients, of course.