FCA principles of business Flashcards
1
Q
Acronym
A
CAM POPE DORM
2
Q
C
A
Conduct business with integrity
3
Q
A
A
Arrange adequate protection for clients assets
4
Q
M(1)
A
Manage conflicts of interest fairly
5
Q
P(1)
A
Pay due regard to interests of customers and treat them fairly
6
Q
O(1)
A
Observe proper standards of conduct
7
Q
P(2)
A
Pay due regard to needs of clients and communicate clearly and fairly
8
Q
E
A
Ensure suitability of advice and discretionary decisions
9
Q
D
A
Due skill, care and diligence when conducting business
10
Q
O(2)
A
Organise and control its affairs responsibly and effectively
11
Q
R
A
Regulators dealt with in an open and cooperative way
12
Q
M
A
Maintain adequate financial resources
