Investment Business (Client Money) Regulations 2004
Download PDF| Year | 2004 |
|---|---|
| Category | Consolidated |
| Last Updated | 2026-02-19 16:15:51 |
|---|---|
| File Size | 76.8 KB |
| Source | bermudalaws.bm |
Table of Contents
- 1. Citation and commencement
- 2. Interpretation
- 3. Application
- 4. General overview
- PART II
- 5. Meaning of “client money”
- 6. Money of sophisticated persons
- 7. Segregation of client money
- 8. Client bank accounts
- 9. Payments into client bank accounts
- 10. Discharge of fiduciary duty
- PART III
- 11. Purpose of this Part
- 12. Client purpose trust
- 13. Pooling events
- 14. Pooling
- 15. Pooling on default of approved bank or intermediary
- PART IV
- 16. Interest on client money
- 17. Accounting for and use of client money
- 18. Reconciliation of accounts
- 19. Record keeping
- 1. These Regulations may be cited as the Investment Business (Client Money)
- 2. In these Regulations—
No cases currently cite this legislation.