Template:Inducements under cobs and perg: Difference between revisions

The [[FCA]] seems to use the word inducement in quite different ways, depending on which bit of the handbook it is thinking about. Under the COBS “[[Rule on Inducements - COBS Provision|Rule on Inducements]]”, an inducement clearly involves some sort of [[consideration]]: a benefit, concession, retrocession, or advantage that a customer (or investment manager) gets in return for it (or its clients’) business. By contrast, in the [[PERG]] rules about (especially as regards “inducements to enter into [[financial promotion]]s” the regulator seems to be regarded much more loosely as not much more than a synonym for “invitation” — no quid pro quo, [[consideration]] or (cough) ''inducement'' seems to be needed — which is odd, because it is used together with the actual word “invitation”.