I’ve been reviewing the T&Cs and noticed the following sentence on the InSpired community (default T&Cs for all communities) and this appears:

If you have an account you can adjust your choice in your profile settings. If you do not have an account, you can change your cookie settings by deleting them via the internet options of your browser and visiting the community again. 

However to my knowledge - and this could be due to the very recent changes in the cookie pop-up - the settings for cookies cannot be done by account holders from the profile settings/ preferences.

Am I correct? Or did I miss something?

If this is the case, I’d suggest the following changes: Replace the 2 italicised sentences above with:

You can do so by clicking on the “Cookie settings” link in the footer of any page, adjust your preferences and submit.