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Recording title to safe custody assets - CASS Provision: Difference between revisions
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Recording title to safe custody assets - CASS Provision (view source)
Revision as of 10:12, 14 May 2020
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===General statement=== | ===General statement=== | ||
[[ | [[PS14/9]] on the general vibe of this new rule: | ||
:“where a {{fcaprov|firm}} is acting for a proprietary purpose, it should be registering its proprietary assets in a separate name to the name in which it registers any custody assets it holds for a {{fcaprov|client}}.” | :“where a {{fcaprov|firm}} is acting for a proprietary purpose, it should be registering its proprietary assets in a separate name to the name in which it registers any custody assets it holds for a {{fcaprov|client}}.” | ||