COBS 3.6.5

If an Authorised Person or member of its Group has a Soft Dollar Agreement under which either the Authorised Person or member of its Group deals for a Client, the Authorised Person must provide that Client with the following information:

(a) the percentage paid under Soft Dollar Agreements of the total Commission paid by or at the direction of:
(i) the Authorised Person; and
(ii) any other member of the Authorised Person's Group which is a party to those agreements;
(b) the value, on a cost price basis, of the goods and services received by the Authorised Person under Soft Dollar Agreements, expressed as a percentage of the total Commission paid by or at the direction of:
(i) the Authorised Person; or
(ii) other members of the Authorised Person's Group;
(c) a summary of the nature of the goods and services received by the Authorised Person under the Soft Dollar Agreements; and
(d) the total Commission paid from the portfolio of that Client.