COBS 1.1 Application

This Rulebook applies to every Authorised Person with respect to the carrying on, in or from the Abu Dhabi Global Market, of any:

(a) Regulated Activity where this involves provision of a service to a Client; or
(b) activity which is carried on, or held out as being carried on, in connection with or for the purposes of such a Regulated Activity;

except to the extent that a provision provides for a narrower application.