FCA requirements on inducements relating to research (COBS 2.3B and COBS 2.3C) | Practical Law

FCA requirements on inducements relating to research (COBS 2.3B and COBS 2.3C) | Practical Law

This note provides an overview of the FCA's requirements on inducements relating to research.

FCA requirements on inducements relating to research (COBS 2.3B and COBS 2.3C)

Practical Law UK Practice Note w-011-9464 (Approx. 28 pages)

FCA requirements on inducements relating to research (COBS 2.3B and COBS 2.3C)

MaintainedUnited Kingdom
This note provides an overview of the FCA's requirements on inducements relating to research.
COBS 2.3B sets out requirements that, if met, allow a firm to receive third party research without it constituting an inducement. COBS 2.3C sets out requirements on firms supplying both execution and research to provide discretionary pricing for each of those services.