+Article 3 3.

Article 3 3.

Member States shall ensure that investment firms do not deposit financial instruments held on behalf of clients with a third party in a third country that does not regulate the holding and safekeeping of financial instruments for the account of another person unless one of the following conditions is met:

(a) 

the nature of the financial instruments or of the investment services connected with those instruments requires them to be deposited with a third party in that third country;

(b) 

where the financial instruments are held on behalf of a professional client, that client requests the firm in writing to deposit them with a third party in that third country.

1. Panoramica

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1.1 Riferimenti

1.2 Requisiti identificati

1.3 Standard correlati

2. Requisiti identificati

Requisiti

3. Standard correlati

Standard