Sub-custodian: Difference between revisions
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A sub-custodian therefore doesn’t have a direct [[contract]]ual relationship with the client<ref>Compare with a ''[[delegate]]'', who carries out the main custodian’s client-facing function on its behalf, as described below.</ref> | A sub-custodian therefore doesn’t have a direct [[contract]]ual relationship with the client<ref>Compare with a ''[[delegate]]'', who carries out the main custodian’s client-facing function on its behalf, as described below.</ref> | ||
{{subcustodian risk}} | |||
{{delegate vs subcontractor}} | {{delegate vs subcontractor}} |