COBS 15.1 Application
1This chapter is relevant to a firm that enters into a contract cancellable under this chapter. In summary, this means it is relevant to:
- (1)
most providers of retail financial products that are based on designated investments; and
2 - (2)
firms that enter into distance contracts with consumers that relate to designated investment business; and3
2 - (3)
firms that enter into distance contracts the making or performance of which by the firm constitutes, or is part of, the activity of issuing electronic money.3