COBS Sch 4 Powers exercised

1The following powers and related provisions in or under the Act have been exercised by the FSA to make the rules in COBS:

Section 138 (General rule-making power)

Section 139 (4) (Miscellaneous ancillary matters)

2Section 141 (Insurance business rules)

Section 145 (Financial promotion rules)

Section 147 (Control of information rules)

Section 149 (Evidential provisions)

Section 156 (General supplementary powers)

Section 238(5) (Restrictions on promotion)

The following powers in the Act have been exercised by the FSA to give the guidance in COBS:

Section 157(1) (Guidance)