client money
- (1)1752(in CASS 2 and CASS 4, and, in so far as it relates to matters covered by CASS 2 or CASS 4, COBS) subject to the client money rules, money of any currency which, in the course of carrying on designated investment business that is not MiFID business, a firm holds in respect of any investment agreement entered into, or to be entered into, with or for a client, or which a firm treats as client money in accordance with the client money rules.52
- (2) (in CASS 5) subject to the client money rules, money of any currency which, in the course of carrying on insurance mediation activity, a firm holds on behalf of a client or which a firm treats as client money in accordance with the client money rules52.52 17
- (2A) (in CASS 6 and CASS 7 and, in so far as it relates to matters covered by CASS 6 or CASS 7, COBS ) subject to the client money rules, money of any currency that a firm receives or holds for, or on behalf of, a client in the course of, or in connection with, its MiFID business.52
- (3) (in41
MIPRU
41
52
):455217
- (a) in relation to an insurance intermediary when acting as such, money which is client money in (2);17
- (b) in relation to a41 home finance intermediary 41 when acting as such, money of any currency which in the course of carrying on41 home finance mediation activity 41 , the firm holds on behalf of a client, either in a bank account or in the form of cash.17
- (4) (in UPRU) client money for the purposes of the client money rules. 46