FSRA Rulebook · Abu Dhabi Global Market
Conduct of Business Rulebook (COBS)
A reference record of Conduct of Business Rulebook (COBS), drawn from the instrument's own official text. It sets out how the law is organised — its Parts, its section count and its length — and links to the text itself. It does not interpret the law or offer advice on it.
At a glance
| Citation | Conduct of Business Rulebook (COBS) |
| Instrument type | FSRA Rulebook |
| Jurisdiction | Abu Dhabi Global Market |
| Parts | 0 |
| Numbered sections | 185 |
| Chapters | 18 |
How Conduct of Business Rulebook (COBS) is organised
The 0 Parts below are the instrument's own divisions, in the order the official text sets them out.
| Part | Heading |
|---|
What Conduct of Business Rulebook (COBS) covers, section by section
The 185 section headings below are the instrument's own, reproduced in its order. They are a map of the law, not a summary of it — for the wording of any article, read the official text.
- Application
- Application
- Client Categorisation
- Retail Clients
- Professional Clients
- Market Counterparties
- Client Classification Procedures
- Record Keeping
- Application
- Communication of Information and Marketing Material
- Key Information and Client Agreement
- Suitability
- Conflicts of Interest
- Soft Dollar Agreements
- Record Keeping
- ADGM Green Portfolios and ADGM Climate Transition Portfolios
- Application
- Accepting Deposits
- Providing Credit
- Depositor Protection
- Application
- General
- Exercise of Discretion
- Delegation of Duties or Powers
- Reviews
- Professional Indemnity Insurance Cover
- Dual Control
- Internal Reporting
- Recording of Selection Criteria
- Qualification and Experience of Trust Service Provider Staff
- Books and Records
- Due Diligence
- Fitness and Propriety of Persons Acting as Trustees
- Application
- Personal Account Transactions
- Record Keeping
- Investment Research and Offers of Securities
- Best Execution
- Non-market Price Transactions
- Aggregation and Allocation
- Record Keeping
- Other Dealing Rules
- Confirmation Notes
- Periodic Statements
- Information to prime brokerage Clients
- Application
- Insurance Business and Intermediation Restrictions
- Communication of Information and Marketing Material
- Client's Duty of Disclosure
- Authorised Person's Duty of Disclosure
- Disclosure of Costs and Remuneration
- Information about the Proposed Insurance
- Suitability and Advice
- Placement of Insurance
- Providing an Ongoing Service
- Insurance Monies
- Conflicts of Interest
- Product Development
- Application and interpretation
- Rules Applicable to MTF and OTF Operators — General
- Rules Applicable to MTF and OTF Operators and rules on Liquidity providers
- Rules Applicable to MTF Operators
- Rules Applicable to OTF Operators
- Application
- Quality of the rating process
- Application to Groups and Branches
- Monitoring and Updating
- Integrity of the Rating Process
- Credit Rating Agency Independence — General
- Credit Rating Agency Independence — Procedures and Policies
- Analyst and Employee Independence
- Transparency and Timeliness of Ratings Disclosure
- Confidential Information
- Communication with Market Participants
- Provision of consultancy and ancillary services
- Credit Rating Agency Fees
- Remuneration and reporting lines
- Record keeping
- Application and interpretation
- Additional requirements for CSDs
- CSD links
- Minimum Contents of Transaction Records
- Key Information and Content of the Client Agreement
- Content of Periodic Statements: Investment Management
- Application
- General Requirements
- Client Money and Money controlled by an Authorised Person
- Payment of Client Money into Client Accounts
- Exceptions to holding Client Money in Client Accounts
- Client Accounts
- Appointment of Third-Party Agent to hold Client Accounts
- Payment of Client Money from Client Account
- Client Disclosure
- Client Reporting
- Reconciliation
- Deemed Trusts
- Client Money Distribution Rules
- Application
- General Requirements
- Recording, Registration and Holding Requirements
- Client Accounts in relation to Safe Custody Assets
- Holding or Arranging Custody with Third-Party Agents
- Safe Custody Agreements with Third-Party Agents
- Client Disclosure
- Client Reporting
- Reconciliation
- Holding Collateral
- Record Keeping
- Notification of Failure to Comply
- General provisions
- Core Content Requirements
- Existing records to be included in the Resolution Pack
- Client Money
- Staking
- Application
- General
- Access to a Private Financing Platform
- Due Diligence
- Disclosure
- Client Assets
- Record keeping
- Exit facility
- Application
- Framework Contracts
- Low-Value Payment Instruments governed by a Framework Contract
- Single Payment Service Contracts
- Information required after the initiation of a Payment Order
- Disapplication of requirements for non-Natural Persons
- Safeguarding requirements
- Record keeping
- Payment Accounts and outsourcing of operational functions
- Authorisation of Payment Transactions
- Obligations of the Payment Service Provider in relation to Payment Instruments
- Payment Transactions where the transaction amount is not known in advance
- Requests for refunds for Payment Transactions initiated by or through a Payee
- Execution of Payment Transactions
- Execution time and Credit Value Date
- Authentication
- Evidence on authentication and execution of Payment Transactions
- Payment Service Provider’s liability for unauthorised Payment Transactions
- Payer or Payee’s liability for unauthorised Payment Transactions
- Non-execution or defective or late execution of Payment Transactions
- Dispute resolution
- Risk mitigation and Reporting
- Purchase and Sale of Fiat-Referenced Tokens
- Application
- Contractual Arrangements
- Information requirements required after the initiation of a Third Party Transaction
- Disapplication of requirements for non-Natural Persons
- Record keeping
- Outsourcing of Operational Functions
- Authorisation of Third Party Transactions
- Execution of Third Party Transactions
- Authentication
- Notification of unauthorised or incorrectly executed Third Party Transactions
- Evidence on authentication and execution of Third Party Transactions
- Liability
- Dispute resolution
- Reporting and Risk mitigation
- Prohibition on Holding Client Assets or Relevant Money
- Application
- Specifying a Specified Benchmark
- Administering a Specified Benchmark
- Specified Benchmark Information Providers
- Application and Interpretation
- Accepted Spot Commodities
- Responsible and Sustainable Sourcing
- Delivery and Storage Facilities
- Spot Commodity Title
- International Tax Reporting Obligations
- Additional Rules applicable to Providing Custody in relation to Accepted Spot Commodities
- Additional Rules for Operating an Accepted Spot Commodity Auction Platform
- Capital Requirements
- Application
- Interpretation
- Marketing Materials
- Risk Disclosure Statement
- Appropriateness Assessment
- Margin Requirements for Retail Clients
- Margin close-out Requirements for Retail Clients
- Negative Balance Protection
- Prohibition of Incentives
- Promotion by Third Parties and Referrals
- Liquidity Providers
- Additional Restrictions relating to OTC Leveraged Products
Primary sources
Everything on this page comes from these two. Links go to the issuing legislator.
Acting on Conduct of Business Rulebook (COBS)
This page is a record, not advice. If conduct of business rulebook (cobs) bears on a matter you are dealing with, speak to us about the facts.