Securities Markets Regulations, 2015 · s 48

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s 48

(1)

A holder of a capital markets services licence must not 207

fa}

enter into arrangements for securities financing transactions regarding money and other assets held by it on behalf of a client; or

{b)

use such money and other assets for their own account or for the account of another client,

BRUNEI DARUSSALAM GOVERNMENT GAZETTE unless the client has given his prior express consent for the use of the money and other assets on specified terms, as evidenced, in the case of a retail client, by his signature or an equivalent alternative mechanism.