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GEN 3.6.2

An Authorised Firm must not approve a Financial Promotion which is directed at a Person who appears on reasonable grounds to be a Retail Client unless:

(a) it has an endorsement on its License which permits it to carry on a Financial Service with or for a Retail Client; and
(b) the scope of its License includes the Financial Service and, if applicable, the particular financial product, to which the Financial Promotion relates.
Added in accordance with Notice of Amendments to Legislation April 2011 [VER27/02-11]