COBS 6.3.1

Past version: effective from 21/10/2015 - 20/10/2015
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(a) An Authorised Person must maintain and keep a record of:
(i) the written notice setting out the conditions for Personal Account Transactions under Rule 6.2.1(a)(i);
(ii) each permission given or denied by the Authorised Person under Rule 6.2.1(a)(ii);
(iii) each notification made to it under Rule 6.2.1(b); and
(iv) the basis upon which the Authorised Person has ascertained that an Employee will not be involved in to any material extent, or have access to information about, the Authorised Person's Investment Business for the purposes of Rule 6.2.3.
(b) The records in Rule 6.3.1(a) must be retained for a minimum of six years from the date of:
(i) in Rule 6.3.1(a)(i) and Rule 6.3.1(a)(iv), termination of the employment contract of each Employee;
(ii) in Rule 6.3.1(a)(ii), each permission given or denied by the Authorised Person; and
(iii) in Rule 6.3.1(a)(iii), each notification made to the Authorised Person.