COB A5.4.1

A Client Account in relation to Client Money is an account which:

(a) is held with a Third Party Agent;
(b) is established to hold Client Assets;
(c) is maintained in the name of;
(i) if a Domestic Firm, the Authorised Firm; or
(ii) if a non-Domestic Firm, a Nominee Company controlled by the Authorised Firm; and
(d) includes the words 'Client Account' in its title.
Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]
[Amended] DFSA RM66/2009 (Made 1st August 2009). [VER16/08-09]