COB 5.2.5

Where a Trust Service Provider is responsible for exercising discretion for, or in relation to, its Clients, it must take all reasonable steps to obtain sufficient information in order to exercise, subject to COB Rule 5.2.6, its discretion or other powers in a proper manner.

Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]