Entire Section

  • COB A1.1 COB A1.1 Minimum Contents of Transaction Records

    • Receipt of Client Order or Discretionary Decision to Transact

      • COB A1.1.1

        An Authorised Firm must, pursuant to COB Rule 6.7.4(1), make a record of the following:

        (a) the identity and account number of the Client;
        (b) the date and time in the jurisdiction in which the instructions were received or the decision was taken by the Authorised Firm to deal;
        (c) the identity of the Employee who received the instructions or made the decision to deal;
        (d) the Investment, including the number of or its value and any price limit; and
        (e) whether the instruction relates to a purchase or sale.
        Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]

    • Executing a Transaction

      • COB A1.1.2

        An Authorised Firm must, pursuant to COB Rule 6.7.4(2), make a record of the following:

        (a) the identity and account number of the Client for whom the Transaction was Executed, or an indication that the Transaction was an Own Account Transaction;
        (b) the name of the counterparty;
        (c) the date and time in the jurisdiction in which the Transaction was Executed;
        (d) the identity of the Employee executing the Transaction;
        (e) the Investment, including the number of or its value and price; and
        (f) whether the Transaction was a purchase or a sale.
        Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]

    • Passing a Client Order to Another Person for Execution

      • COB A1.1.3

        An Authorised Firm must, pursuant to COB Rule 6.7.4(3), make a record of the following:

        (a) the identity of the Person instructed;
        (b) the terms of the instruction; and
        (c) the date and time that the instruction was given.
        Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]