Client Money Distribution Rules definition

Client Money Distribution Rules means the client money distribution rules as set out in Chapter 7A of the Client Assets Sourcebook.
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Client Money Distribution Rules shall have the meaning specified in Article 30(c).
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Client Money Distribution Rules means the FCA Rules in relation to client money distribution from time to time.
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Examples of Client Money Distribution Rules in a sentence

  • You also acknowledge that, where we become subject to insolvency proceedings, XXXX 7A of the FCA’s Client Assets Sourcebook (the “Client Money Distribution Rules”) will not apply to the money we hold for you and so you will not be entitled to share in any distribution under the Client Money Distribution Rules.

  • If the Custodian fails, the Client Money Distribution Rules will apply to any such money held as Client money by the Custodian.

  • You also acknowledge that, where we become subject to insolvency proceedings, XXXX 7A of the FCA’s Client Assets Sourcebook (the "Client Money Distribution Rules") will not apply to the money we hold for you and so you will not be entitled to share in any distribution under the Client Money Distribution Rules.

  • As a consequence, the money will be held separately from the money belonging to the Platform and in case of the Platform’s insolvency, winding up or any distribution event applicable, the Member’s money will be subject to the DFSA’s Client Money Distribution Rules.

  • If the relevant Paying Agent fails, the Client Money Distribution 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 Rules.


More Definitions of Client Money Distribution Rules

Client Money Distribution Rules means the client money distribution rules set out in Chapter 7A of the Client Asset Rules.
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Client Money Distribution Rules means the rules of the Regulatory Authorities which seek to facilitate the timely return of client money to a client in the event of the failure of a firm or third party at which the firm holds client money;
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Client Money Distribution Rules means CASS 7A of the FCA’s Client Assets Sourcebook setting out the client money distribution rules;
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Client Money Distribution Rules has the meaning assigned thereto in Section 31(b) hereof.
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Client Money Distribution Rules means CASS 7A of the FCA’s Client Assets Sourcebook setting out the client money distribution rules.
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Client Money Distribution Rules means the provisions of the Rules relating to the distribution of client money;
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Client Money Distribution Rules has the meaning assigned thereto in Section 31(b) hereof. “Client Money Rules” has the meaning assigned thereto in Section 31(a) hereof. “Collateral” has the meaning assigned thereto in Section 8(c). “Completion Fee” means, with respect to each Participation Certificate, an amount equal to the Discount plus the Net Carry Adjustment, less any reduction pursuant to Section 5(b), which amount shall be payable to Seller by Purchaser in two installments as provided in Section 4(a), the Initial Completion Fee Installment and the Final Completion Fee Installment, as 11 The definition of “Benchmark Transition Event” was amended by Amendment No. 1, dated as of September 24, 2021, and Amendment No. 2, dated as of April 28, 2022. 12 The definition of “Business Day” was amended by Amendment No. 2, dated as of April 28, 2022. 1013 The definition of “Change in Control” was amended by Amendment No. 1, dated as of September 24, 2021.
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