FCA Client Money Rules definition

FCA Client Money Rules means the rules and guidance published from time to time by the FCA in relation to client money, as set out in the Client Assets Sourcebook (“CASS”) of the FCA Rules, in particular Chapter 7.

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FCA Client Money Rules means the FCA Rules in relation to client money from time to time;

FCA Client Money Rules means the rules set out in the FCA’s Client Asset Sourcebook.

Examples of FCA Client Money Rules in a sentence

Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law and funds held by the Trustee will not be subject to the United Kingdom FCA Client Money Rules.
Any funds held by the Fiscal Agent are held as banker and shall not be subject to the UK FCA Client Money Rules.
Monies paid to the Paying Agents pursuant to this Agreement shall not be held subject to the United Kingdom’s FCA Client Money Rules.
Client money is money of any currency that we receive and hold on behalf of our clients in the course of carrying on business as an insurance intermediary, or money that we treat as client money in accordance with the FCA Client Money Rules.
The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers and not subject to the UK FCA Client Money Rules except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them, (2) it shall not be liable to anyone for interest on any sums held by it under this Agreement; and (3) no money held by any Paying Agent need be segregated except as required by law.

More Definitions of FCA Client Money Rules

FCA Client Money Rules means the FCA requirements for the handling client money

FCA Client Money Rules means the FCA Rules set out in Chapter 7 of the FCA's Client Assets Sourcebook.

FCA Client Money Rules means the means the "client money rules" of the FCA set out in the FCA Rules CASS Sourcebook or as updated from time to time.

FCA Client Money Rules means the UK Financial Conduct Authority’s client money requirements as set out in chapter 7 of the Client Assets Sourcebook, as extended, amended or supplemented from time to time;

FCA Client Money Rules means the client money rules set out in the FCA's Client Assets sourcebook;

FCA Client Money Rules the funds held shall not be subject to FCA Client Money Rules; and

FCA Client Money Rules means the client money rules under the FCA Rules.