The Custody Services shall mean safekeeping and administration of the Client’s Assets (but not management of portfolio of Assets or Assets management).

The Company shall maintain separate Client’s account(/s) in its internal systems for the purposes of separate, from the assets of other clients and its own assets, registration and administration of the Client’s Assets.

In maintaining the Client’s account(/s) the Company shall adhere to the following procedures and conditions:

For Client’s funds:

  • The Company shall keep the Client’s funds in a segregated bank accounts.
  • The Company shall at any moment in time on the basis of the Client’s account data be able to identify amount of funds belonging to the Client kept in the segregated bank account.

For Client’s Securities:

  • The Company shall keep the Client’s Securities in a segregated custody account.
  • The Company shall at any moment in time on the basis of the Client’s account data be able to identify Securities belonging to the Client kept in the segregated custody account.