IMEB 8.1.4 List of accounts and eligible intermediaries
(1) A firm that holds client money must make and keep a list of—
(a) all of its client bank accounts; and
(b) eligible intermediaries to whom it transfers client money.
(2) The lists for client bank accounts of the firm must include the following details:
(a) the name of the account;
(b) the account number;
(c) the location of the account;
(d) whether the account is open or closed;
(e) if known, the date of opening and closing of the account.
(3) Details about bank accounts and eligible intermediaries must be kept for at least 6 years after the closure of the bank account or the final transfer of client money to the intermediary.
|Derived from QFCRA RM/2011-3 (as from 1st July 2011)|