INMA 9A.1.8 Periodic statements — intervals

An INMA firm must give a customer a periodic statement at intervals no longer than:

(a) 6-monthly;
(b) if the customer is a retail customer and the customer's portfolio includes an uncovered open position resulting from a contingent liability transaction — monthly; or
(c) if the customer has, on the customer's own initiative, agreed on another interval with the firm — the agreed interval or annually, whichever is shorter.
Inserted by QFCRA RM/2019-4 (as from 1st January 2020).