Segregation of Designated Investments. We keep client money separate from our own money. We may do this by paying it into a client bank account. However, we may also do this by arranging to hold separately permitted designated investments with the value at least equivalent to the money that would otherwise have been paid into a client bank account. If we do this we will be responsible for meeting any shortfall in our client money resource which is attributable to falls in the market value of a segregated investment.
Segregation of Designated Investments. We may also arrange to hold client money, that is subject to a non- statutory trust, in separately permitted designated investments with a value at least equivalent to the money that would otherwise have been paid into a client bank account. If We do this, We will be responsible for meeting any shortfall in Our client money resource which is attributable to falls in the market value of a segregated investment. Any investment returns on any segregated designated investments will be retained by Us. Commission Where client money is held on a non- statutory trust, We can only withdraw commission from the client bank account in the following circumstances;
Segregation of Designated Investments. Aston Lark Limited may also arrange to hold client money, that is subject to a non-statutory trust, in separately permitted designated investments with a value at least equivalent to the money that would otherwise have been paid into a client bank account. If Aston Lark Limited do this, they will be responsible for meeting any shortfall in their client money resource which is attributable to falls in the market value of a segregated investment. Any investment returns on any segregated designated investments will be retained by Aston Lark Limited.
Segregation of Designated Investments. Although we pay client money into a Trust bank account, we may also arrange to invest client money in separate designated investments permitted under FCA rules. If we do this we will be responsible for meeting any shortfall in our client money resource which is attributable to any shortfall in market value of suchinvestment. Interest on client money Any interest earned on client money held by us and any investment returns on any segregated designated investments will be retained by us. Tax Dependant upon the transaction, we may administer the payment of applicable taxes whether due from you or insurers to the appropriate tax authorities. In doing so we only undertake this role as an insurance intermediary and we cannot advise on the validity of any tax payment. Accordingly, whilst we exercise reasonable care in relation to such payments, we do not accept responsibility for administration without specific instructions from you or insurers. We therefore request that if you have specific instructions relating to the payment or administration of applicable taxes, you confirm those instructions in writing. MONEY LAUNDERING We are obliged to take reasonable steps to safeguard our company and our clients against the risk of financial crime. To help us achieve this we may need to ask you to provide us with additional information relating to any insurance transactions you ask us to undertake on your behalf. DATA PROTECTION & CONFIDENTIALITY This is a summary of how we use relevant information about you to arrange and administer your insurance. This information includes details such as your name, address and contact details and other information that we collect about you in connection with arranging and administering your insurance. This information may also include more sensitive details such as information about your health and any criminal convictions you may have and other sensitive information. Our full privacy statement can be found on our website xxx.xxxxxxxxxxxx.xxx, or can be provided on request. You should review our privacy statement to ensure that you understand how we use data and your rights in respect of that data. We will process any personal information we obtain in the course of providing our services in accordance with Data Protection Law and we have policies and procedures in place to protect and manage that information. We treat all information provided by our clients as private and confidential and we will always work to ensure that personal da...
Segregation of Designated Investments. Howden may also arrange to hold client money, that is subject to a non -statutory trust, in separately permitted designated investments with a value at least equivalent to the money that would otherwise have been paid into a client bank account. If Howden do this, Xxxxxxxxxx be responsible for meeting any shortfall in Xxxxxx’xxxxxxx money resource which is attributable to falls in the market value of a segregated investment. Any investment returns on any segregated designated investments will be retained by Xxxxxx.
Segregation of Designated Investments. We may also arrange to hold client money, that is subject to a non -statutory trust, in separately permitted designated investments with a value at least equivalent to the money that would otherwise have been paid into a client bank account. If We do this, We will be responsible for meeting any shortfall in Our client money resource which is attributabl e to falls in the market value of a segregated investment. Any investment returns on any segregated designated investmen ts will be retained by Us.
Segregation of Designated Investments. Lark may also arrange to hold client money, that is subject to a non-statutory trust, in separately permitted designated investments with a value at least equivalent to the money that would otherwise have been paid into a client bank account. If Lark undertake this, Lark will be responsible for meeting any shortfall in Lark’s client money resource which is attributable to falls in the market value of a segregated investment. Any investment returns on any segregated designated investments will be retained by Lark. Commission Lark can only withdraw commission from the client bank account:
