INMA 5.8.3 Firms must comply with customers' instructions
(1) Despite anything else in this Chapter, a customer of an investment business firm may at any time instruct the firm in writing not to pay client money of the customer into a client bank account:
(a) outside the QFC;
(b) with an eligible bank that is in the same corporate group as the firm; or
(c) with an eligible third party that is in the same corporate group as the firm.
(2) The firm must comply with the customer's instructions from the date on which the instructions are given or any later date specified in them.
|Derived from QFCRA RM/2014-4 (as from 1st January 2015).|