FCA investment conduct of business

FCA investment conduct of business guidance:

This Practice Note highlights key aspects of key materials produced by the Financial Conduct Authority (FCA) and its predecessor, the Financial Services...

Practice Note

This Practice Note explains the rules for the cancellation of client agreements. The rules, which are contained in chapter 15 of the Financial Conduct Authority's (FCA)...

Practice Note

Background to investment research rules This Practice Note explains the Financial Conduct Authority's (FCA) rules on investment research, which are...

Practice Note

MiFID II: changes to client order handling requirements The Markets in Financial Instruments Directive (Directive 2004/39/EC) (MiFID) has been replaced by the recast...

Practice Note

Background to appropriateness requirements The Financial Conduct Authority’s (FCA) rules on 'appropriateness' and the appropriateness test (which are...

Practice Note

Background to best execution requirements This Practice Note explains the Financial Conduct Authority's (FCA) rules for the execution of client orders, known as the best...

Practice Note

COBS definition of 'client' and changes introduced by the MiFID II framework The Financial Conduct Authority’s (FCA's) definition of a client is set out in chapter 3 of...

Practice Note

Background to FCA inducements requirements This Practice Note explains the Financial Conduct Authority's (FCA) rules on inducements (for example fees, commission or...

Practice Note

Introduction to the FCA’s requirements on information about firms, adviser charging and consultancy charging This Practice Note considers the regulatory framework and...

Practice Note

Background to FCA suitability requirements This Practice Note looks at the suitability rules of the Financial Conduct Authority (FCA). For specific guidance on...

Practice Note

Background to telephone and electronic communication recording requirements This Practice Note explains the Financial Conduct Authority’s (FCA) rules for recording...

Practice Note

Scope of this Practice Note The Financial Advice Market Review (FAMR) was launched in August 2015. It was jointly led by HM Treasury (HMT) and the FCA. It explored how...

Practice Note

BREXIT: UK is leaving EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). This has an impact on this Practice Note. For guidance, see Practice Notes:...

Practice Note

This Practice Note provides an introduction to pension liberation, what it is, why it happens, its structures and characteristics, and considerations for the various...

Practice Note