Sra Accounts Rules Pdf

Businesses must have systems and controls in place to ensure compliance with these rules, and the nature of these systems must be appropriate to the nature and volume of customer transactions processed and the amount of funds held or received by customers. You are not required to hold this money in a client`s account if you have informed your client in advance of where and how the money will be held. Rules 2.3, 2.4, 4.1, 7, 8.1(b) and (c) and 12 do not apply to Client Funds held outside a Client Account under this Rule.