ICOBS 1.1 The general application rule
The general application rule
1This sourcebook applies to a firm with respect to the following activities carried on in relation to a non-investment insurance contract from an establishment maintained by it, or its appointed representative, in the United Kingdom:
- (1)
- (2)
- (3)
managing the underwriting capacity of a Lloyd's syndicate as a managing agent at Lloyd's;
- (4)
and activities connected with them.
Modifications to the general application rule
The general application rule is modified in ICOBS 1 Annex 1 according to the type of firm (Part 1), its activities (Part 2), and its location (Part 3).
Guidance
Guidance on the application provisions is in ICOBS 1 Annex 1 (Part 4).