Template:CASS Section 6.3.4A

6.3.4A A firm must have entered into a written agreement with any person with whom it deposits clients' safe custody assets under CASS 6.3.1 R, or with whom it arranges safeguarding and administration of assets which are clients' safe custody assets. This agreement must, at minimum:

(1) set out the binding terms of the arrangement between the firm and the third party;

(2) be in force for the duration of that arrangement; and

(3) clearly set out the custody service(s) that the third party is contracted to provide.