Principle 10 - FCA Rulebook Term: Difference between revisions

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The {{tag|FCA}} handbook term which provides that  
The [[FCA]] handbook term which provides that  


A firm which holds safe custody assets should “arrange adequate protection for client’s assets when it is responsible for them”. This includes taking appropriate steps to protect client assets for which it is responsible.  
A firm which holds safe custody assets should “arrange adequate protection for client’s assets when it is responsible for them”. This includes taking appropriate steps to protect client assets for which it is responsible.  

Latest revision as of 13:30, 14 August 2024

The FCA handbook term which provides that

A firm which holds safe custody assets should “arrange adequate protection for client’s assets when it is responsible for them”. This includes taking appropriate steps to protect client assets for which it is responsible.

Note there are specific requirements as regards organisational requirements in the CASS rules, notably 7.12.2 for client money.

See also