Related provisions for COBS 8.1.5
1 - 1 of 1 items.
If a firm carries
on designated investment business,
other than advising on investments or advising on conversion or transfer of pension benefits, 2with or for a new retail client,
the firm must enter into a written
basic agreement, on paper or other durable
medium, with the client setting
out the essential rights and obligations of the firm and
the client.3
(1) A firm must,
in good time before a client3 is
bound by any agreement relating to designated
investment business3 or before the provision of those services, whichever
is the earlier, provide that client with:(a) the terms of any such agreement;
and(b) the information about the firm and its services relating to that agreement
or to those services required by COBS 6.1.4 R, including information on communications, conflicts
of interest and authorised status.(2) A firm must
provide