Template:CASS Section 7A.3.5

From The Jolly Contrarian
Revision as of 09:40, 3 June 2013 by Amwelladmin (talk | contribs) (Created page with "{{cassprov|7A.3.5}}: The {{fcaprov|client money distribution rules}} seek to ensure that {{fcaprov|clients}} who have previously specified that they are not willing to accept ...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

7A.3.5: The client money distribution rules seek to ensure that clients who have previously specified that they are not willing to accept the risk of the bank that has failed, and who therefore requested that their client money be placed in a designated client bank account at a different bank, should not suffer the loss of the bank that has failed.