Nominee company: Difference between revisions
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Amwelladmin (talk | contribs) m (Amwelladmin moved page Nominee Company - CASS Provision to Nominee company - CASS Provision) |
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{{casssnap|nominee company}} | {{casssnap|nominee company}} | ||
====Discussion==== | ====Discussion==== | ||
Note a nominee is not a custodian per se. | Note a nominee is not a custodian per se. It is a dedicated entity which does nothing other than acting as a registered owned of shares. | ||
{{cassanatomy}} | {{cassanatomy}} |
Revision as of 16:29, 16 May 2016
To see the current text of CASS 6.2 in the FCA handbook, click here. |
nominee company: a body corporate whose business consists solely of acting as a nominee holder of investments or other property. |
Discussion
Note a nominee is not a custodian per se. It is a dedicated entity which does nothing other than acting as a registered owned of shares. Update to {{anat|cass}}