Versions

 

COB 6.9.2

(1) When an Authorised Firm Executes a Transaction in an Investment for a Client, it must ensure a confirmation note is sent to the Client as soon as possible and in any case no later than 2 business days following the date of Execution of the Transaction.
(2) Where an Authorised Firm has executed a Transaction or series of Transactions in accordance with COB Rule 6.8.5, the Authorised Firm must send a confirmation note relating to those Transactions as soon as possible, but no later than 2 business days following the last Transaction.
(3) The confirmation note must include the details of the Transaction in accordance with App3 COB section A3.1.
(4) An Authorised Firm is not required to issue a confirmation note where a Professional Client has advised in writing that he does not wish to receive such confirmation notes.
Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]