COBS 3.6.4

Past version: effective from 21/10/2015 - 20/10/2015
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Before an Authorised Person enters into a Transaction for or on behalf of a Retail Client, Professional Client or Market Counterparty, either directly or indirectly, with or through the agency of another Person, in relation to which there is a Soft Dollar Agreement which the Authorised Person has, or knows that another member of its Group has, with that other Person, it must disclose to its Client:

(a) the existence of a Soft Dollar Agreement; and
(b) the Authorised Person's or its Group's policy relating to Soft Dollar Agreements.