Professional client: Difference between revisions

Latest revision as of 13:30, 14 August 2024

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

Index — Click the ᐅ to expand: Glossary

Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Under the COBS rules, a professional client is one who is categorised as either a “per se professional client”, or a retail client which counts as an “elective professional client” and who has consented to being “opted up”.

Revision as of 13:45, 11 January 2022 view source Amwelladmin (talk \| contribs) Bureaucrats, Interface administrators, Administrators 88,419 edits No edit summary ← Older edit		Latest revision as of 13:30, 14 August 2024 view source Amwelladmin (talk \| contribs) Bureaucrats, Interface administrators, Administrators 88,419 edits No edit summary
Line 1:		Line 1:
	{{a\|g\|}}Under the ~~{{tag\|~~COBS}} rules, a {{cobsprov\|professional client}} is one who is categorised as either a “{{cobsprov\|per se professional client}}”, or a {{cobsprov\|retail client}} which counts as an “{{cobsprov\|elective professional client}}” and who has consented to being “opted up”.		{{a\|g\|}}Under the [[COBS]] rules, a {{cobsprov\|professional client}} is one who is categorised as either a “{{cobsprov\|per se professional client}}”, or a {{cobsprov\|retail client}} which counts as an “{{cobsprov\|elective professional client}}” and who has consented to being “opted up”.

	Here is a handy [[File:Decision Tree - Categorisation.pdf\|page=1\|450px\|decision tree]].		Here is a handy [[File:Decision Tree - Categorisation.pdf\|page=1\|450px\|decision tree]].