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    2021-01-06

COBS 10A.6 Assessing appropriateness: when a firm need not assess appropriateness due to suitability assessment

COBS 10A.6.1G

A firm need not assess appropriateness if it is receiving or transmitting an order or carrying on insurance distribution in relation to an insurance-based investment product, for which2 it has assessed suitability under COBS 9A (Suitability (MiFID and insurance-based investment products2 provisions1)).

COBS 10A.6.2G

A firm may not need to assess appropriateness if it is able to rely on a recommendation made by an investment firm (see COBS 2.4.5G (Reliance on other investment firms: MiFID and equivalent business)) or, in relation to an insurance-based investment product, made by an insurance distributor (see COBS 2.4.5AR (Reliance on other insurance distributors))2.