Client Assets Rules definition

Client Assets Rules. The rules and regulations applicable to the safekeeping and custody of financial instruments and client funds, including (but not limited to) the MiFID Regulations, the Delegated Regulation, the Delegated Directive and the Investment Firm Regulations. “Delegated Regulation” The Commission Delegated Regulation (EU) 2017/565 of 25 April 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive. “Delegated Directive” The Commission Delegated Directive (EU) 2017/593 of 7 April 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to safeguarding of financial instruments and funds belonging to clients, product governance obligations and the rules applicable to the provision or reception of fees, commissions or any monetary or non- monetary benefits.

Client Assets Rules means the rules specified in the Financial Conduct Authority (“FCA”) Client Asset Sourcebook (“CASS”) in the FCA Handbook.

Client Assets Rules means the provisions of the CySEC Rules, specifically, Directive DI81-01 relating to safeguarding of clients’ Financial Instruments.

Examples of Client Assets Rules in a sentence

• Client Money and Client Assets Rules LCH, a recognised central counterparty, is authorised under Regulation (EU) No. 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories and is supervised by the Bank of England within the UK regulatory framework.

• Money held for Investors from time to time The ACD will make use of the revised ‘delivery versus payment’ (DvP) exemption as set out in the FCA’s Client Assets Rules, which provides for a one business day window during which money held for the purposes of settling a transaction in Shares is not treated as ‘client money’.

• This means we will receive and handle premiums, refunds and claims monies as agent of the insurer Trust Account (‘Client Account’) We will provide protection for client money by holding all client money in a general Client Account that is a Trust account set up and controlled in compliance with the FCA’s Client Assets Rules (CASS).

• The ACD will make use of the revised ‘delivery versus payment’ (DvP) exemption as set out in the FCA’s Client Assets Rules, which provides for a one business day window during which money held for the purposes of settling a transaction in Shares is not treated as ‘client money’.

• PSL shall hold any cash it receives for the account of the Client as client money in accordance with the Client Assets Rules, to the extent it is required to do so under those FCA Rules.

• However, HYCM segregates all retail client funds from its own money in accordance with FCA’s Client Assets Rules.

• You are warned that Your assets under TTCA will cease to have any protections under, and will not be governed by, Client Assets Rules.

• FULL NAME OF SCHEME ADMINISTRATOR POSTCODE Accountant Professional advisers (if relevant) Solicitor Actuary Any funds which we hold for the Pension Scheme will be held in a bank account on the Pension Scheme’s behalf subject to the FCA Client Assets Rules.

• Mr. Mullett stated this stems from many of our kindergarten students not knowing their numbers, alphabet, colors, left and right, etc.

• However, save as provided under the Client Assets Rules, we will not be liable for their acts or omissions, insolvency or dissolution.

More Definitions of Client Assets Rules

Client Assets Rules means the provisions of the FCA’s Client Assets Sourcebook relating to client assets.

Client Assets Rules means the provisions of article 16(8) and 16(9) of MiFID II.