FCA COBS 11.8
Electronic communications include:
A firm must also take reasonable steps to prevent communication that utilizes privately-owned equipment that the firm is unable to monitor and capture.
There is a carve out for discretionary investment managers in respect of communications with firms or person subject to the recording obligations in COBS 11.8.5R.
Reasonable steps must be taken to retain all records for a period of at least 6 months. The records must be stored in medium that:
 
                                    
                                The FCA plans to extend the High-Level Standards in the FCA Handbook to cryptoasset firms in line with FSMA-authorized entities.
Sam Robinson | CMS, Justin Kwik | CMS5 min read
 
                                    
                                Proposed changes include those to the SYSC, COBS, ICOB and SUP handbook modules.
Carmen Cracknell1 min read
 
                                    
                                Under the proposals, all firms wishing to carry out regulated cryptoasset activities will be required to obtain FCA authorization.
Jamie Jefferson Ng | Ashurst5 min read
 
                                    
                                The proposed CCI regime aims to replace the PRIIPs regime and certain UCITS disclosure requirements.
 
                                    
                                Therese Chambers outlined new enforcement strategy to speed up investigations and clarified new enforcement publicity proposals.
Jean Hurley4 min read
 
                                    
                                In his regular column, Bovill’s Executive Chair Ben Blackett-Ord discusses how the new crypto financial promotions regime may cause consumer confusion.
Ben Blackett-Ord | Bovill2 min read
 
                                    
                                Will brokers face higher expectations for the standard of care that they provide to consumers?
Lewis Gurry | C & G Regulatory Solutions3 min read
Further Reading