‹ COBS 5.2 General COBS 5.2.2 › COBS 5.2.1 For the purposes of this chapter, a settlor, a trustee or a named beneficiary of a trust in respect of which the Trust Service Provider is engaged in Providing Trust Services may be treated as a Client of the Authorised Person. ‹ COBS 5.2 General COBS 5.2.2 ›