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

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    2007-03-22

tied agent

25a person who, under the full and unconditional responsibility of only one MiFID investment firm on whose behalf it acts, promotes investment services and/or ancillary services to clients or prospective clients, receives and transmits instructions or orders from the client in respect of investment services or financial instruments, places financial instruments and/or provides investment advice to clients or prospective clients in respect of those financial instruments or investment services.[Note: article 4(1)(25) of MiFID]