COLL 7.1.9 What is an Approved Security?

An approved security is a transferable security that is traded on, or under the rules of, a securities market that is an eligible market (otherwise than by the specific permission of the market authority).

Note Transferable security is defined in r 7.1.6. Eligible market is defined in r 7.1.7.

Derived from QFCRA RM/2010-05 (as from 1st January 2011)