Investments (COBS Rules)
Check and Demonstrate Your Firm's Compliance Against Each COBS Requirement:
Financial Promotions Assurance: Verify that promotions related to structured deposits meet FCA standards, including rationale on why clear, fair communications prevent misleading clients and align with regulatory expectations for trust-building.
Client Categorisation Validation: Document correct classification of clients as retail, professional, or eligible counterparties, with insights highlighting why proper notifications and assessments protect client rights and enable tailored protections to minimise disputes.
Suitability Assessment Confirmation: Verify gathering of client information for recommendations, explaining why aligning with risk tolerance and financial capacity ensures suitable advice, mitigates harm, and fosters long-term client relationships.
Best Execution Policy Tracking: Confirm implementation of an order execution policy with client consent, underscoring why prioritising factors like price and venues delivers optimal results, demonstrates diligence, and enhances competitive edge.
Inducements and Conflicts Management: Document rules for personal account dealing and inducements, with guidance on why transparent policies prevent biases, uphold client best interests, and safeguard against enforcement actions.
Product Information Provision: Verify timely disclosure of risks, costs, and services, highlighting why comprehensible information enables informed decisions, complies with MiFID provisions, and reduces complaint volumes.
Pension Transfer Safeguards: Confirm assessments for pension transfers, including rationale on why suitability checks and risk warnings protect vulnerable clients from unsuitable decisions and avoid pension scams.
Record-Keeping Assurance: Document retention of suitability and transaction records, explaining why accurate, long-term storage supports audits, regulatory scrutiny, and swift resolution of queries.
Firms leveraging RegTechPRO slash compliance time by up to 40%, gain crystal-clear insights into FCA expectations, and turn regulatory hurdles into strategic advantages.