client money

(1) [deleted]
(2) (in CASS 5) subject to the client money rules, money of any currency which, in the course of carrying on insurance distribution activity, a firm holds on behalf of a client or which a firm treats as client money in accordance with the client money rules.
(2A) (in MIFIDPRU, FEES, CASS 6, CASS 7, CASS 7A and CASS 10 and, in so far as it relates to matters covered by CASS 6, CASS 7, COBS and IPRU(INV) 11) subject to the client money rules, money of any currency:
1. (a) that a firm receives or holds for, or on behalf of, a client in the course of, or in connection with, its MiFID business and (in relation to COBS only, if the context requires) its equivalent business of a third country investment firm; or
2. (b) that, in the course of carrying on designated investment business that is not MiFID business, a firm holds for a client;or
3. (ba) that a firm receives or holds for, or on behalf of, a client in the course of, or in connection with, its stocks and shares ISA business; or
4. (bb) that a firm receives or holds for, or on behalf of, a client in the course of, or in connection with, its innovative finance ISA business; or
5. (bc) that a firm receives or holds for, or on behalf of, a client in the course of, or in connection with, its lifetime ISA business; or
6. (c) that a firm treats as client money in accordance with the client money rules.
(2B) (in CASS 11, CONC 3.9, CONC 8.3, CONC 10, COMP 5 and COMP 12 ) money which a CASS debt management firm receives or holds on behalf of a client in the course of or in connection with debt management activity.
(2C) (in CASS 13) money which a firm receives or holds on behalf of a customer in the course of or in connection with providing claims management services.
(2D) (in SECN) subject to the client money rules, money of any currency that a firm treats as client money in accordance with the client money rules.
(3) (in MIPRU):
1. (a) in relation to an insurance intermediary when acting as such, money which is client money in (2);
2. (b) in relation to a home finance intermediary when acting as such, money of any currency which in the course of carrying on home finance mediation activity, the firm holds on behalf of a client, either in a bank account or in the form of cash.
(4) (in COMP other than COMP 5 and COMP 12 ) client money for the purposes of the relevant client money rules.
(5) (in SYSC 1.5) has the meaning in (1) to (4).