Reset to Today

To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

Content Options:

Content Options

View Options:

Alternative versions

  1. Point in time
    2014-01-01

COBS 13.2 Product information: production standards, form and contents

COBS 13.2.1GRP

1When a firm prepares documents or information in accordance with this chapter, the firm should consider the rules on providing product information (COBS 14). Those rules require a firm to provide the product information in a durable medium or via a website that meets the website conditions (if the website is not a durable medium).

[Note: article 29(4) of the MiFID implementing Directive]

COBS 13.2.2RRP

A key features document and a key features illustration 2must also:

  1. (1)

    (if it is a key features document) 2be produced and presented to at least the same quality and standard as the sales or marketing material used to promote the relevant product;

  2. (2)

    (if it is a key features document) 2display the firm's brand at least as prominently as any other;

  3. (3)

    (if it is a key features document or a key features illustration which does not form an integral part of the key features document) 2include the ‘Key facts’ logo in a prominent position at the top of the document; and

  4. (4)

    (if it is a key features document or a key features illustration which does not form an integral part of the key features document) 2include the following statement in a prominent position:

    “The Financial Conduct Authority is a financial services regulator. It requires us, [provider name], to give you this important information to help you to decide whether our [product name] is right for you. You should read this document carefully so that you understand what you are buying, and then keep it safe for future reference”.

COBS 13.2.3GRP
COBS 13.2.4RRP

The documents and information prepared in accordance with the rules in this chapter must not include anything that might reasonably cause a retail client to be mistaken about the identity of the firm that produced, or will produce, the product.