COBS 1

Application

COBS 1.1

The general application rule


[Note: ESMA has issued guidelines under article 16(3) of the ESMA Regulation on certain aspects of the MiFID suitability requirements which also includes guidelines on conduct of business obligations. See http://www.esma.europa.eu/content/Guidelines-certain-aspects-MiFID-suitability-requirements.]

COBS 1.1.1

See Notes

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This sourcebook applies to a firm with respect to the following activities carried on from an establishment maintained by it, or its appointed representative, in the United Kingdom:

and activities connected with them.

Modifications to the general application rule

COBS 1.1.2

See Notes

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The general application rule is modified in COBS 1 Annex 1 according to the activities of a firm (Part 1) and its location (Part 2).

COBS 1.1.3

See Notes

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The general rule is also modified in the chapters to this sourcebook for particular purposes, including those relating to the type of firm, its activities or location, and for purposes relating to connected activities.

Guidance

COBS 1.1.4

See Notes

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Guidance on the application provisions is in COBS 1 Annex 1 (Part 3).

COBS 1 Annex 1

Application (see COBS 1.1.2R)

See Notes

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Part 2: Where?
Modifications to the general application rule according to location Part 3: Guidance