FCA COBS — Conduct of Business Sourcebook (UK Investment Conduct)
FCA COBS — Conduct of Business Sourcebook (UK Investment Conduct) — 50% covered.
4 requirements · 0 enforced · 4 designed · 0 advisory · 0 deferred.
Source: The FCA Conduct of Business Sourcebook (COBS) is part of the UK Financial Conduct Authority Handbook and governs the conduct of investment business with clients — the client's best interests rule (COBS 2.1.1R), suitability (COBS 9 / 9A), appropriateness (COBS 10 / 10A), and best execution (COBS 11.2 / 11.2A). KYE Protocol governs whether an AI-assisted investment decision/action is within mandate, authorised, evidenced, contestable, and final at the action boundary, and proves the basis. KYE does not produce investment intelligence, perform the suitability assessment, judge whether a recommendation is correct, or act as an investment adviser. · License: The FCA Handbook (COBS) is published by the UK Financial Conduct Authority under Crown copyright / Open Government Licence. KYE registry cites its conduct rules for mapping purposes only.
By category
| Category | Reqs | Enforced | Designed | Advisory | Deferred | Coverage |
|---|---|---|---|---|---|---|
| Client's best interests rule (COBS 2.1.1R) | 1 | 0 | 1 | 0 | 0 | 50% |
| Suitability (COBS 9 / 9A) | 1 | 0 | 1 | 0 | 0 | 50% |
| Best execution (COBS 11.2 / 11.2A) | 1 | 0 | 1 | 0 | 0 | 50% |
| Recordkeeping of advice & orders | 1 | 0 | 1 | 0 | 0 | 50% |
Every requirement → the KYE™ artefact that enforces it
| ID | Title | Status | KYE™ enforcement |
|---|---|---|---|
fca-cobs.client-best-interests-rule |
Client's best interests rule (COBS 2.1.1R): an AI-generated decision proceeds only under recorded named authority | designed | rule_packs: kye:rule-pack:investment-decision-authorityconstitution_refs: constitution/36-GOVERNEDUI.md |
fca-cobs.suitability-cobs9 |
Suitability (COBS 9 / 9A): the suitability basis is recorded as a mandate check before the action | designed | rule_packs: kye:rule-pack:investment-decision-authoritydictionaries: internalconstitution_refs: constitution/12-PURPOSE-PERMISSION.md |
fca-cobs.best-execution-cobs11 |
Best execution (COBS 11.2 / 11.2A): a trade recommendation proceeds only with a recorded mandate check and named authority | designed | rule_packs: kye:rule-pack:investment-decision-authorityconstitution_refs: constitution/25-EDGE-GOVERNANCE.md |
fca-cobs.recordkeeping-advice-orders |
Recordkeeping of advice & orders: replay-provable provenance of the basis on which an AI-assisted decision proceeded | designed | rule_packs: kye:rule-pack:investment-decision-authoritydictionaries: internalconstitution_refs: constitution/13-RESILIENCE-LOOP.md |