Unfair inducements – has the standard changed?
We have replaced the previous detailed rules with guidance (ICOBS 2.3). This sets out the position under Principle 8 (conflicts of interest) in a more high-level way. The overall standard has not changed as a result of the new ICOBS approach. However, in December 2007 we published CP07/23 to consult on extending SYSC Chapters 4-10 to firms not covered by MiFID or the Capital Requirements Directive, including insurance intermediaries. The changes we proposed included application of the high-level SYSC 10 requirements on conflicts of interest.
Related Questions
- I pre-ordered the digital Standard Edition of Star Wars: The Old Republic through Origin.com but now have changed my mind and would like to change my pre-order to a physical Standard Edition instead. How do I make this change?
- Why has the State changed the requirements for new school leaders to obtain standard principal certification?
- Why Has The Kilogram Standard Changed Weight?
