Registration and recording of legal title - CASS Provision

This is the rule that provides that a custodian may hold client assets in its own name or that of a third party if local law or market practice makes it impracticable to do otherwise. See this rule in its natural environment on the FCA website here.

Template:CASS Section 6.2.3 (View Template)

Discussion

Note the interplay between CASS 6.2.5, about the recording of title to legal assets, with 6.2.3(4).

Update to {{anat|cass}}