Custodian: Difference between revisions

5 bytes removed ,  6 January 2021
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{{g}}{{a|pb|}}''You see [[custodian]]s mentioned in the context of a [[bankruptcy]], as some kind of [[insolvency administrator]]. That’s a different sort of [[custodian]] and not really what we're talking about here, which is that chap who looks after [[client asset]]s''
{{a|pb|}}''You see [[custodian]]s mentioned in the context of a [[bankruptcy]], as some kind of [[insolvency administrator]]. That’s a different sort of [[custodian]] and not really what we're talking about here, which is that chap who looks after [[client asset]]s''
===Generally===
===Generally===
*There are “[[Main custodian|main]]” or [[first level custodian|“first level” custodian]]s, who face end [[client]]s directly, and [[sub-custodian|''sub''-custodian]]s, who face [[main custodian]]s and other [[sub-custodian]]s in the [[custody chain]] but do not face end users directly.
*There are “[[Main custodian|main]]” or [[first level custodian|“first level” custodian]]s, who face end [[client]]s directly, and [[sub-custodian|''sub''-custodian]]s, who face [[main custodian]]s and other [[sub-custodian]]s in the [[custody chain]] but do not face end users directly.