Principle 10 - FCA Rulebook Term: Difference between revisions
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The {{tag|FCA}} handbook term which provides that | The {{tag|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 {{t|CASS}} rules, notably {{cassprov|7.12.2}} for {{t|client money}}. | Note there are specific requirements as regards organisational requirements in the {{t|CASS}} rules, notably {{cassprov|7.12.2}} for {{t|client money}}. | ||
{{seealso}} | |||
*[https://www.handbook.fca.org.uk/handbook/PRIN/2/1.html#D3 FCA Principles as set out in PRIN 2.1] | *[https://www.handbook.fca.org.uk/handbook/PRIN/2/1.html#D3 FCA Principles as set out in PRIN 2.1] | ||
*Organisational requirements for client money in {{cassprov|7.12.2}} | *Organisational requirements for client money in {{cassprov|7.12.2}} | ||
*[[CASS Anatomy]] | *[[CASS Anatomy]] | ||
*{{cassprov|Prime brokerage agreement disclosure annex}} | *{{cassprov|Prime brokerage agreement disclosure annex}} | ||
Revision as of 13:44, 27 September 2018
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
- FCA Principles as set out in PRIN 2.1
- Organisational requirements for client money in 7.12.2
- CASS Anatomy
- Prime brokerage agreement disclosure annex