AML/CFTR 1.3.9 What is a correspondent securities relationship?
A correspondent securities relationship is a relationship under which services in relation to securities are provided by a firm (the correspondent) to another firm (the respondent).
Examples of services in relation to securities
buying, selling, lending or otherwise holding securities
Derived by QFCRA RM/2019-8 (as from 1st February 2020) |