Safe custody asset - FCA Rulebook Term
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safe custody asset: (a) in relation to MiFID business, a financial instrument;
(b) in relation to safeguarding and administering investments that is not MiFID business and/or acting as trustee or depositary of a UCITS, a safe custody investment; or
(c) when acting as trustee or depositary of an AIF, an AIF custodial asset.
— Section safe custody asset
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