Financial instrument

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Best to go look at the provision directly. It is here:

http://fshandbook.info/FS/glossary-html/handbook/Glossary/F?definition=G1519

Conduct of Business

This is an article about the FCA’s conduct of business rules, known by its chapter in the FCA Sourcebook, COBS, which implement, among other things, MiFID (directive 2004/39/EC (EUR Lex) and implementing directive 2006/73/EC (EUR Lex)).