Reset to Today

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

Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

Alternative versions

  3. Point in time
    2014-06-30

ICD claim

a claim:

  1. (a) against a MiFID investment firm 57 (including a credit institution which is a57 MiFID investment firm 57 ), whether established in the United Kingdom or in another EEA State; and
  2. (b) in relation to:57
    1. (i) any investment services and activities other than the making of a personal recommendation;74
    2. (ii) the ancillary service of safekeeping and administration of financial instruments for the account of clients, including custodianship and related services such as cash/collateral management;74
    3. (iii) the firm's inability to repay money owed to or belonging to investors and held on their behalf or the firm's inability to return to investors any instruments belonging to them and held, administered or managed on their behalf, in each case, in connection with the investment service of the making of a personal recommendation relating to a financial instrument in accordance with the legal and contractual conditions applicable.74

[Note: Article 2(2) of the Investor Compensation Directive]74