safe custody services definition
safe custody services means (subject to rule 4.2(c)) services consisting of regulated activities falling within paragraph (5) of Class 2 (safeguarding and administering investments under a contractual relationship);
safe custody services means the administration of financial instruments for the account of clients, including the collection of dividends, interest and other payments and other related services such as collateral management;
safe custody services means with respect to a non-bank person, offering safety deposit boxes or other secure storage suitable for high-value items, including any arrangement under which a person is authorised to hold directly or indirectly a customer’s access keys, smart contracts or other forms of digital assets but does not include–
More Definitions of safe custody services
safe custody services means (subject to rule 4.24.2(c)) services
safe custody services. The safekeeping and administration of any investments held by PSL or its nominee company on your behalf. “ Set-Off” This may arise where both you and PSL owe sums to each other. In such circumstances PSL may deduct any sums owed to it by you from any sums that are owed by PSL to you so as to either eliminate or reduce PSL’s liability to you.
safe custody services. The safekeeping and administration of any investments held by PSL or its nominee company on your behalf.