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Template:CASS Section 6.3.5: Difference between revisions
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Amwelladmin moved page Template:Cass Section 6.3.5 to Template:CASS Section 6.3.5
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{{cassprov|6.3.5}}: Subject to CASS {{cassprov|6.3.6}}R, in relation to a third party with which a firm deposits {{cassprov|safe custody assets}} belonging to a client, a firm must ensure that any agreement with that third party relating to the custody of those assets does not include the grant to that party, or to any other person, of a [[lien]] or a right of retention or sale over the {{cassprov|safe custody assets}}, or a right of [[set-off]] over any {{cassprov|client money}} derived from those {{cassprov|safe custody assets}}. <br /> | '''CASS {{cassprov|6.3.5}}''': Subject to CASS {{cassprov|6.3.6}}R, in relation to a third party with which a firm deposits {{cassprov|safe custody assets}} belonging to a client, a firm must ensure that any agreement with that third party relating to the custody of those assets does not include the grant to that party, or to any other person, of a [[lien]] or a right of retention or sale over the {{cassprov|safe custody assets}}, or a right of [[set-off]] over any {{cassprov|client money}} derived from those {{cassprov|safe custody assets}}. <br /> | ||