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Durable medium - FCA Rulebook Term: Difference between revisions
Durable medium - FCA Rulebook Term (view source)
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Exactly what a “durable medium” is was a source of great consternation amongst the great wise council of [[Mediocre lawyer|cash equities counsel]] in the run up to — yea, and subsequent to — {{t|MiFID 2}}, even though the definition didn't change from {{tag|MiFID}} 1 and, indeed, it is littered throughout the European legislation. | Exactly what a “durable medium” is was a source of great consternation amongst the great wise council of [[Mediocre lawyer|cash equities counsel]] in the run up to — yea, and subsequent to — {{t|MiFID 2}}, even though the definition didn't change from {{tag|MiFID}} 1 and, indeed, it is littered throughout the European legislation. | ||
One {{trick for young players}}: DON'T OFFER CLIENTS A CHOICE. If you offer a choice between paper and electronic, you have to respect it. If you don’t, you don’t. | One {{t|trick for young players}}: DON'T OFFER CLIENTS A CHOICE. If you offer a choice between paper and electronic, you have to respect it. If you don’t, you don’t. | ||
{{nuts|durable medium|FCA rulebook}} | {{nuts|durable medium|FCA rulebook}} | ||