GEN 2.2.10A

(1) An Authorised Firm may hold or control Client Assets only if it is permitted to do so by an endorsement on its Licence.
(2) In (1), the expression "hold or control Client Assets" has the meaning given in COB Rule 6.11.4.
(3) An endorsement under (1) is not required by an Authorised Firm that has an authorisation for Providing Custody.
Derived from DFSA RM166/2016 (Made 10th February 2016). [VER36/04-16]