the CASS Rules definition

the CASS Rules means the rules and guidance set out in the Client Assets sourcebook chapter of the Authority’s Handbook;
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Examples of the CASS Rules in a sentence

  • The Sub-Advisor acknowledges that the CASS Rules of the FCA will not apply to the Sub-Sub-Advisor in relation to any assets that form part of the Fund.

  • If the Sub-Sub-Advisor has the authority to move the Sub-Advisor’s money or assets under the terms of a mandate defined in CASS 8 of the CASS Rules, such monies or assets will be moved from an account not owned by the Sub-Sub-Advisor.

  • Any interpretive questions about the investment guidelines should be addressed therein, not in a subadvisory agreement.] The Sub-Advisor acknowledges that the Sub-Sub-Advisor shall not at any time hold cash or assets belonging to the Fund and shall therefore not be subject to the Client Money and/or Safe Custody Assets for the Fund under the CASS Rules of the FCA.

  • The Advisor acknowledges that the Sub-Advisor does not hold "client money" and/or "safe custody assets" for the Advisor under the Client Asset Rules (the "CASS Rules") of the FCA.

  • If the Sub-Sub Advisor has the authority to move the Sub-Advisor’s money or assets under the terms of a mandate defined in CASS 8 of the CASS Rules, such monies or assets will be moved from an account not owned by the Sub-Sub Advisor.

  • The Sub-Adviser acknowledges that the Sub-Sub-Adviser does not hold Client Money and/or Safe Custody Assets for the Sub-Adviser, the Adviser or the Trust under the CASS Rules of the FCA.

  • If the Sub-Advisor has the authority to move the Fund’s money or assets under the terms of a mandate defined in CASS 8 of the CASS Rules, such monies or assets will be moved from an account not owned by the Sub-Advisor.