Responsibility for Premiums. 5.1 The Broker shall hold monies received from their client on behalf of TUL in a statutory or non-statutory trust in accordance with, as a minimum standard, the requirements of the FCA Rules.
Appears in 3 contracts
Samples: Terms of Business Agreement, Terms of Business Agreement, Terms of Business Agreement
Responsibility for Premiums. 5.1 The Broker shall hold monies received from their client on behalf of TUL in a statutory or non-statutory trust account in accordance with, as a minimum standard, the requirements of the FCA Rules.
Appears in 3 contracts
Samples: Terms of Business Agreement, Terms of Business Agreement, Terms of Business Agreement