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Status: You are viewing the version of the handbook as on 2018-01-03.

COBS 9A.4 Record keeping and retention periods for suitability records

COBS 9A.4.1G

A firm to which SYSC 9 applies is required to keep orderly records of its1 business and internal organisation (see SYSC 9, General rules on record-keeping1). The records may be expected to reflect the different effect of the requirements in this chapter depending on whether the client is a retail client or a professional client; for example, in respect of information about the client which the firm must obtain and whether the firm is required to provide a suitability report.

COBS 9A.4.2G

A firm should refer to SYSC 9 for its obligations in relation to record keeping.

[Note: article 16(7) of MiFID]