Professional client: Difference between revisions

Revision as of 17:14, 5 November 2018

The JC’s Reg and Leg resource™
UK Edition

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Professional clients: per se professional client | elective professional client
ECPs: per se eligible counterparty | elective eligible counterparty | COBS 1 Annex 1 for disapplication of COBS rules to ECPs
Retail client: See COBS 3.4: one who is not a professional client or an ECP
Categorisation decision tree (pdf)

There is some overlap with the other MiFID categorisations. An elective professional client is a subset of the class of retail clients; an eligible counterparty is a subset of per se professional clients.

There is a handy decision tree above.

Revision as of 17:13, 5 November 2018 view source Amwelladmin (talk \| contribs) Bureaucrats, Interface administrators, Administrators 88,424 edits No edit summary ← Older edit		Revision as of 17:14, 5 November 2018 view source Amwelladmin (talk \| contribs) Bureaucrats, Interface administrators, Administrators 88,424 edits No edit summary Newer edit →
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	There is some overlap with the other {{tag\|MiFID}} categorisations. An {{cobsprov\|elective professional client}} is a subset of the class of {{cobsprov\|retail client}}s; an {{cobsprov\|eligible counterparty}} is a subset of {{cobsprov\|per se professional client}}s.		There is some overlap with the other {{tag\|MiFID}} categorisations. An {{cobsprov\|elective professional client}} is a subset of the class of {{cobsprov\|retail client}}s; an {{cobsprov\|eligible counterparty}} is a subset of {{cobsprov\|per se professional client}}s.

	There is a handy [[Media:Decision Tree - Categorisation.pdf\|decision tree]] ~~in the panel below~~.		There is a handy [[Media:Decision Tree - Categorisation.pdf\|decision tree]] above.