Client and Insurer Money. 15.1. The FCA requires us to hold all client monies, including yours, in a trust account, the purpose of which is to protect you in the event of our financial failure since, in such circumstances; our general creditors would not be able to make claims on client money as it will not form part of our assets.
Appears in 2 contracts
Samples: Terms of Business Agreement, assets.bluefingroup.co.uk
Client and Insurer Money. 15.116.1. The FCA requires us to hold all client monies, including yours, in a trust account, the purpose of which is to protect you in the event of our financial failure since, in such circumstances; our general creditors would not be able to make claims on client money as it will not form part of our assets.
Appears in 1 contract
Samples: www.oakesinsurance.co.uk
Client and Insurer Money. 15.19.1. The FCA requires us to hold all client monies, including yours, in a trust account, the purpose of which is to protect you in the event of our financial failure since, in such circumstances; our general creditors would not be able to make claims on client money as it will not form part of our assets.
Appears in 1 contract
Samples: www.robison.co.uk