7A - CASS Provision: Difference between revisions
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| Client money distribution: This is the section that deals with what happens when a person holding client money goes bust. This can be a primary pooling event or a secondary pooling event.
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| A primary pooling event is the failure of a firm that is holding client money in its own right. A secondary pooling event is the failure of a third party bank or other eligible institution that is holding client money on behalf of the primary firm.
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| {{CASS Section 7A TOC}}
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| {{Cassanatomy}}
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Revision as of 10:25, 21 June 2013