INMA 5.1.4 Chapter 5 application to QFC schemes

This Chapter does not apply to the independent entity of a QFC scheme that is not a private placement scheme, or to the operator of a QFC scheme that is a private placement scheme, in relation to safeguarding the scheme property.

Note Independent entity, QFC scheme, private placement scheme, operator and scheme property are defined in the glossary.
Derived from QFCRA RM/2014-4 (as from 1st January 2015).