CASS Anatomy: Difference between revisions

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	===Banks===		===Banks===
	Deposit-taking credit institutions benefit from the general ~~“banking exemption”~~ from the obligation to hold money on behalf of clients subject to the client money rules. A bank may hold ~~cliient~~ money as banker and not trustee.		Deposit-taking credit institutions benefit from the general “{{cassprov\|banking exemption}}” (CASS {{cassprov\|7.1.8A}}) from the obligation to hold money on behalf of clients subject to the client money rules. A bank may hold client money as banker and not trustee.