Client Money Distribution and Transfer Rules definition

Client Money Distribution and Transfer Rules means the client money distribution and transfer rules set out in Chapter 7A of the Client Assets Sourcebook.

Client Money Distribution and Transfer Rules means Chapter 7A in the FCA’s Client Assets Sourcebook.

Client Money Distribution and Transfer Rules means the client money distribution rules set out in Chapter 7 of the Client Assets Sourcebook of the FCA Handbook.

Examples of Client Money Distribution and Transfer Rules in a sentence

• If the Account Bank fails (as this terms is used in the glossary of the FCA Rules), the Client Money Distribution and Transfer Rules will not apply to such money and so Funding will not be entitled to share in any distribution under the Client Money Distribution and Transfer Rules.

• If the Deposit Account Bank fails, the Client Money Distribution and Transfer Rules will not apply to such money and so the Issuer will not be entitled to share in any distribution under the Client Money Distribution and Transfer Rules.

• As a result, Cash will not be held in accordance with Client Money Rules or similar rules in any jurisdiction and, in the event of the Custodian’s insolvency (or analogous event), the Client may not be entitled to share in any distribution under the Client Money Distribution and Transfer Rules.

• As a result, the money will not be held in accordance with the Client Money Rules and, in the event of the Custodian's insolvency (or analogous event), the Client will not be entitled to share in any distribution under the Client Money Distribution and Transfer Rules.

More Definitions of Client Money Distribution and Transfer Rules

Client Money Distribution and Transfer Rules means the provisions of the FCA Rules relating to the distribution and transfer of client money;

Client Money Distribution and Transfer Rules means Chapter 7A of the FCA’s Client Assets Sourcebook setting out the client money distribution and transfer rules.

Client Money Distribution and Transfer Rules means Chapter 7A of the FCA’s Client Assets Sourcebook in the FCA Rules.

Client Money Distribution and Transfer Rules means CASS 7A in the FCA Rules.

Client Money Distribution and Transfer Rules means the CASS rules relating to client money

Client Money Distribution and Transfer Rules means the FCA Rules in relation to the distribution and transfer of client money from time to time;

Client Money Distribution and Transfer Rules means Chapter 7A of the FCA's Client Assets Sourcebook setting out the client money distribution and transfer rules;