Client Assets Sourcebook definition

Client Assets Sourcebook means the CASS sourcebook as set out in the FCA Rules.
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Client Assets Sourcebook means the CASS sourcebook as set out in the FCA Rules. “Euroclear” means Euroclear Bank S.A./N.V.;
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Client Assets Sourcebook means the CASS sourcebook as set out in the FCA Rules, Client Money Distribution Rules means the client money distribution rules set out in Chapter 7A of the Client Assets Sourcebook, Client Money Rules means the client money rules set out in Chapter 7 of the Client Assets Sourcebook, FCA means the United Kingdom Financial Conduct Authority (and any successor regulatory authority), FCA Rules means the rules promulgated by the FCA under FSMA as amended or replaced from time to time and FSMA means the Financial Services and Markets Xxx 0000.
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Examples of Client Assets Sourcebook in a sentence

  • We, in the course of carrying on insurance distribution, handle client money in accordance with the FCA Client Assets Sourcebook (CASS) rules, which are designed to protect You.

  • In the course of carrying on insurance distribution activities, We handle client money in accordance with the FCA’s Client Assets Sourcebook (CASS) rules, which are designed to protect You.

  • We, in the course of carrying on insurance mediation, handle client money in accordance with the FCA Client Assets Sourcebook (CASS) rules, which are designed to protect You.

  • This will be handled on Our behalf by UKGlobal Broking Group Limited (‘We’, ‘Our’, ‘Us’ for the remainder of this clause only) in accordance with the FCA’s Client Assets Sourcebook (CASS) rules, which are designed to protect You.

  • If the Custodian fails, the Client Money Distribution Rules set out in Chapter 7A of the Client Assets Sourcebook of the FCA rules will not apply to such cash and the Issuer will not be entitled to share in any distribution under the Client Money Distribution Rules.

  • Where risk Transfer does not apply, client money is held in a Statutory trust in accordance with the FCA Client Assets Sourcebook (CASS), with our nominated bank.

  • In this clause 6, "Client Money Rules" means the provisions of the FCA's Client Assets Sourcebook relating to client money for firms carrying out MiFID business.

  • If the Custodian fails, the Client Money Distribution Rules set out in Chapter 7A of the Client Assets Sourcebook of the FCA rules will not apply to such cash and the Issuer will not be entitled to share in any distribution under the Client Money Distribution Rules.There are limited circumstances in which the Custodian may hold certain sums as client money for the benefit of the Issuer in accordance with the Client Money Rules set out in Chapter 7 of the Client Assets Sourcebook of the FCA rules.

  • Money which is held in the designated account falls outside the scope of protection provided by the Client Money Rules as set out in the Financial Conduct Authority's Client Assets Sourcebook.

  • The ACS Manager makes use of the delivery versus payment exemption (the “DVP exemption”) available to it under the Client Assets Sourcebook of the FCA’s rules (the “CASS Rules”) when handling money for Unitholders in connection with buying or selling of Units in the Diversified Income Fund.

Related to Client Assets Sourcebook

  • Customer Software means software which is owned by or licensed to the Customer;

  • Customer Equipment means hardware, software, systems, cabling and facilities provided by you and used in conjunction with the Equipment that we supply to you in order to receive the Services;

  • Client Data means personal data of data subjects, such as your employees, associates or partners, that is provided to S&P Global Ratings during the provision by S&P Global Ratings of the Services to you, such as name, job title, name of employer, office email address, office physical address, internet protocol address, office telephone number and language selection (and excludes special categories of personal data);

  • Customer-Funded Upgrade means any Network Upgrade, Local Upgrade, or Merchant Network Upgrade for which cost responsibility (i) is imposed on an Interconnection Customer or an Eligible Customer pursuant to Tariff, Part VI, section 217, or (ii) is voluntarily undertaken by a New Service Customer in fulfillment of an Upgrade Request. No Network Upgrade, Local Upgrade or Merchant Network Upgrade or other transmission expansion or enhancement shall be a Customer-Funded Upgrade if and to the extent that the costs thereof are included in the rate base of a public utility on which a regulated return is earned.