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Authorised signatory lists: Difference between revisions
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{{a|negotiation|}}{{c|design}}In a marvellous example of a [[Don’t take a piece of paper to a knife fight|quixotic attempt at risk control by legal contract]], {{tag|broker}}s, {{tag|custodian}}s and other {{tag|service provider}}s in the financial markets are often sent “authorised signatory lists” by their clients of personnel who are permitted by the client to submit instructions, orders, and so on. Usually these are couched with a warning: | {{a|negotiation| | ||
[[File:Not-my-problem.jpg|450px|frameless|center]] | |||
}}{{c|design}}In a marvellous example of a [[Don’t take a piece of paper to a knife fight|quixotic attempt at risk control by legal contract]], {{tag|broker}}s, {{tag|custodian}}s and other {{tag|service provider}}s in the financial markets are often sent “authorised signatory lists” by their clients of personnel who are permitted by the client to submit instructions, orders, and so on. Usually these are couched with a warning: | |||
{{Quote|“We shall not be liable for any instructions unless given by authorised signatories as set out in schedule A, [[as amended from time to time]].”}} | {{Quote|“We shall not be liable for any instructions unless given by authorised signatories as set out in schedule A, [[as amended from time to time]].”}} | ||