Related provisions for COBS 18.3.3
1 - 3 of 3 items.
The provisions of COBS in the table do not apply in respect of any corporate finance business carried on by a firm which is MiFID or equivalent third country business:COBSDescription6.2Describing the breadth of a firm's advice on investments6.3Disclosing information about services, fees and commission - packaged products6.4Disclosure of charges, remuneration and commission9.4Suitability reports9.6Special rules for providing basic advice on a stakeholder product11.6Use of dealing
The provisions of COBS in the table are unlikely to be relevant to any corporate finance business carried on by a firm which is MiFID or equivalent third country business:COBSDescription 5Distance communications, except in relation to distance contracts concluded with consumers7Insurance mediation13Preparing product information14.2Providing product information 15Cancellation, except cancellation and withdrawal rights in relation to distance contracts concluded with consumers17Claims
COBS 15 (Cancellation) is likely to be of limited application to corporate finance business. Distance contracts concluded with consumers in the course of corporate finance business will be exempt from COBS 15 if the price of the financial service is dependent on fluctuations in the financial market outside the firm's control.
A financial analyst should not become involved in activities other than the preparation of investment research where such involvement is inconsistent with the maintenance of the financial analysts objectivity. The following should ordinarily be considered as inconsistent with the maintenance of a financial analyst's objectivity:(1) participating in investment banking activities such as corporate finance business and underwriting; or(2) participating in 'pitches' for new business
This section does not apply to the carrying on of the following activities:(1) activities carried on between operators, or between operators and depositories, of the same collective investment scheme (when acting in that capacity);(2) corporate finance business;(3) corporate treasury functions.