COBS 18.9 1ICVCs
12
- (1)
The financial promotion rules in COBS apply to an ICVC, except that COBS 4.13 (UCITS) applies only to an ICVC that is a UCITS scheme.2
- (2)
COBS 14.2 (Providing product information to clients) applies to an ICVC that is a UCITS scheme.2
Firms should note that the operator of an ICVC when it is undertaking scheme management activity will be subject to COBS 18.5.2R.