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COB 3.5.4

An Authorised Firm may only accept goods and services under a Soft Dollar Agreement if the goods and services are reasonably expected to:

(a) assist in the provision of Investment Business services to the Authorised Firm's Clients by means of:
(i) specific advice on dealing in, or on the value of, any Investment;
(ii) research or analysis relevant to (i) or about Investments generally; or
(iii) use of computer or other information facilities to the extent that they are associated with specialist computer software or research services, or dedicated telephone lines;
(b) provide custody services relating to Investments belonging to, or managed for, Clients;
(c) provide services relating to portfolio valuation or performance measurement services; or
(d) provide market price services.
Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]