Law-Now
14 Nov 2025 ·
International
Linear Investments v FOS: Elective Professional Clients, COBS 3.5, and the limits of self certification
1 min read
The Court of Appeal’s decision in Linear Investments Ltd v Financial Ombudsman Service [2025] EWCA Civ 1369 provides clear guidance on the operation of the FCA’s client categorisation rules in the Conduct of Business Sourcebook (COBS) 3.5. The judgment confirms...
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