1. For the purposes of providing information to clients on all costs and charges pursuant to rule 6.1ZA.11 of the Conduct of Business sourcebook ("the relevant rule"), investment firms shall comply with the detailed requirements in paragraphs 2 to 10.

1A.

(1) Subject to sub-paragraph (2), the requirements laid down in the relevant rule do not apply to services provided to professional clients.

(2) The requirements laid down in the relevant rule do apply to services provided to professional clients for investment advice and portfolio management.

2. For ex-ante and ex-post disclosure of information on costs and charges to clients, investment firms shall aggregate the following:

(a) all costs and associated charges charged by the investment firm or other parties where the client has been directed to such other parties, for the investment services(s) and/or ancillary services provided to the client; and

(b) all costs and associated charges associated with the manufacturing and managing of the financial instruments, except any costs of manufacturing and managing shares in a closed-ended investment company that is UK-listed.