COBS - Client Categorisation
The Conduct of Business Sourcebook (COBS) applies to financial firms in the UK that deal with client investments. COBS rules cover client categorisation.Client categorisation is based on the client's level of sophistication. This classification determines the degree of regulatory protection the client is entitled to and the types of investment products they can be offered.
Our COBS for Client Categorisation Course explains the FCA Conduct of Business Rules for client categorisation in the investment business.
- 20 Minutes
- All staff
- Based on UK legislation, but suitable for global audiences upon the removal of UK-specific references and translation as necessary.

Learning objectives
- Appreciate why we categorise clients
- Recognise different client categories
- Recognise the criteria and procedure by which certain clients can opt for re-categorisation
- Identify and apply the record-keeping requirements
What can you expect your employees to learn?
Welcome
What is COBS - Client Categorisation?
Why is it critical to categorise clients correctly?
Retail clients
Professional clients
- Elective professionals
- Exercise: Elective professionals
Eligible counterparties
Professionals opting down to retail
Exercise: Client categorisation
Client agreement
Record keeping
Summary
Affirmation
Assessment
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Your questions, answered
Financial Crime
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