Use of dealing commission to purchase goods or services - COBS Provision

Template:Anattitle-COBS Go Premium COBS Rules {{Template:COBS Template 11.6.3}} View Template Template:Anatresources-COBSTemplate:Anatnavigation-COBS Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter.

Commentary

See also 2.3.1 for the general rule on Inducements. This rule has been the subject of a circular on conflicts of interest circulated in 2012 by the FSA which created some consternation as to whther corporate access could be treated as research for the purposes of COBS 11.6.3.

See also 11.6.8 which gives examples of goods or services that relate to the execution of trades or the provision of research that the FCA does not regard as meeting the requirements of either evidential provisions.

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)).