(1) Without prejudice to the generality of Regulation 17 but subject to Regulation 26, any person who produces a recommendation shall ensure that the recommendation discloses clearly and prominently -
(a) the name and job title of the individual who prepared the recommendation, and
(b) the name of the person responsible for its production.
(2) Subject to Regulation 26, where the relevant person responsible for the preparation or production of a recommendation is an investment firm or a credit institution the investment firm or credit institution shall ensure that the recommendation indicates clearly and prominently the identity of the relevant competent authority of the investment firm or credit institution, as the case may be.
(3) Subject to Regulation 26, where the relevant person responsible for the preparation or production of a recommendation is neither a credit institution nor an investment firm but is subject to self-regulatory standards or codes of conduct, the relevant pe