Client Assets definition

Client Assets means assets which a bank has undertaken to hold for a client (whether or not on trust, and whether or not the undertaking has been complied with);
Client Assets means the market value of all client assets invested through XP’s platform and that is related to reported Retail Revenue, including equities, fixed income securities, mutual funds (including those managed by XP Gestão de Recursos Ltda., XP Advisory Gestão de Recursos Ltda. and XP Vista Asset Management Ltda., as well as by third-party asset managers), pension funds (including those from XP Vida e Previdência S.A., as well as by third-party insurance companies), exchange traded funds, COEs (Structured Notes), REITs, and uninvested cash balances (Float Balances), among others. Although Client Assets includes custody from Corporate Clients that generate Retail Revenue, it does not include custody from institutional clients (asset managers, pension funds and insurance companies).
Client Assets means client funds and client financial instruments;

Examples of Client Assets in a sentence

  • You further agree to grant a security interest to third parties over Client Assets in order to recover debts where the debts relate to (i) You, and (ii) the provision of service by that third party to You.

  • We will transfer Client Assets and Client Money in accordance with the relevant instruction or, if We are unable to obtain instructions, We will transfer them to You.

  • This means that if the third party defaults or becomes insolvent, You may lose some or all ofYourassetsandwillnotnecessarily beentitled to compensation from Us. Including, in circumstances where it is not possible under the relevant national law and the registration under clause 4.1 to identify the Client Assets from the proprietary assets of the third-party firm.


More Definitions of Client Assets

Client Assets means financial instruments (including any fractions thereof) that belong to you and that we receive and/or hold for you, on your behalf, in accordance with the FCA Rules;
Client Assets means investments and other assets that, in the course of its business, a regulated person holds, has custody or control of or is otherwise responsible for that -
Client Assets means assets which the bank has undertaken to hold on trust for, or on behalf of, a client;
Client Assets means both Client Funds and financial instruments we hold on your behalf;
Client Assets means client monies (including cash) and investment instruments which the Company may hold on behalf of clients;