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Template:CASS Section client money: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "(1) ''[deleted]'' <br> (2) ''(in CASS 5'') subject to the client money rules, money of any currency which, in the course of carrying on insurance mediation activity, a firm ho...") |
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(1) ''[deleted]'' <br> | (1) ''[deleted]'' <br> | ||
(2) ''(in CASS 5'') subject to the client money rules, money of any currency which, in the course of carrying on insurance mediation activity, a firm holds on behalf of a client or which a firm treats as client money in accordance with the client money rules. <br> | (2) ''(in CASS 5'') subject to the client money rules, money of any currency which, in the course of carrying on insurance mediation activity, a firm holds on behalf of a client or which a firm treats as client money in accordance with the client money rules. <br> | ||
(2A) (in CASS 6, CASS 7, CASS 7A and CASS 10 and, in so far as it relates to matters covered by CASS 6, CASS 7, or COBS) subject to the client money rules, money of any currency: <br> | (2A) ''(in CASS 6, CASS 7, CASS 7A and CASS 10 and, in so far as it relates to matters covered by CASS 6, CASS 7, or COBS)'' subject to the client money rules, money of any currency: <br> | ||
:(a) that a firm receives or holds for, or on behalf of, a client in the course of, or in connection with, its [[MiFID]] business; and/or | :(a) that a firm receives or holds for, or on behalf of, a client in the course of, or in connection with, its [[MiFID]] business; and/or | ||
:(b) which, in the course of carrying on designated investment business that is not [[MiFID]] business, a firm holds in respect of any investment agreement entered into, or to be entered into, with or for a client, or which a firm treats as client money in accordance with the client money rules. | :(b) which, in the course of carrying on designated investment business that is not [[MiFID]] business, a firm holds in respect of any investment agreement entered into, or to be entered into, with or for a client, or which a firm treats as client money in accordance with the client money rules. | ||