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ADGM LEGAL FRAMEWORK

  • ABU DHABI GLOBAL MARKET
    • FEDERAL LAW NO (8) OF 2004
    • FEDERAL DECREE NO (15) OF 2013
    • CABINET RESOLUTION NO (4) OF 2013
    • CABINET RESOLUTION NO. 28 OF 2007
    • ABU DHABI LAW NO. (4) OF 2013
    • ABU DHABI LAW NO. (12) OF 2020
    • ADGM LEGAL FRAMEWORK
      • COMMERCIAL LEGISLATION
      • FSRA LEGISLATION
        • Regulations
        • Rules
          • Anti-Money Laundering and Sanctions Rules and Guidance (AML) [VER06.310321]
          • Islamic Finance Rules (IFR) [VER04.030220]
          • Prudential — Investment, Insurance Intermediation and Banking Rules (PRU) [VER11.270422]
          • Fees Rules (FEES) [VER13.270422]
          • Glossary (GLO) [VER13.270422]
          • General Rulebook (GEN) [VER05.030220]
          • Prudential — Insurance Business (PIN) [VER03.030220]
          • Prudential — Insurance Business (PIN) [VER04.270422]
          • Conduct of Business Rulebook (COBS) [VER11.080222]
            • COBS 1. INTRODUCTION
            • COBS 2. CLIENT CLASSIFICATION
            • COBS 3. CORE RULES — INVESTMENT BUSINESS, ACCEPTING DEPOSITS, PROVIDING CREDIT AND PROVIDING TRUST SERVICES
            • COBS 4. ADDITIONAL RULES — ACCEPTING DEPOSITS AND PROVIDING CREDIT
            • COBS 5. ADDITIONAL RULES — PROVIDING TRUST SERVICES
              • COBS 5.1 Application
              • COBS 5.2 General
              • COBS 5.3 Exercise of Discretion
              • COBS 5.4 Delegation of Duties or Powers
              • COBS 5.5 Reviews
              • COBS 5.6 Professional Indemnity Insurance Cover
              • COBS 5.7 Dual Control
              • COBS 5.8 Internal Reporting
              • COBS 5.9 Recording of Selection Criteria
              • COBS 5.10 Qualification and Experience of Trust Service Provider Staff
              • COBS 5.11 Books and Records
                • COBS 5.11.1
                • COBS 5.11.2
                • COBS 5.11.3
                • COBS 5.11.4
              • COBS 5.12 Due Diligence
              • COBS 5.13 Fitness and Propriety of Persons Acting as Trustees
            • COBS 6. ADDITIONAL RULES — INVESTMENT BUSINESS
            • COBS 7 CORE RULES — INSURANCE
            • COBS 8. ADDITIONAL RULES: OPERATING AN MTF OR OTF
            • COBS 9. CORE RULES — OPERATING A CREDIT RATING AGENCY
            • COBS 10. CORE RULES — OPERATING A CENTRAL SECURITIES DEPOSITORY
            • COBS 11. RECORDS OF ORDERS AND TRANSACTIONS
            • COBS 12. KEY INFORMATION AND CLIENT AGREEMENT
            • COBS 13. PERIODIC STATEMENTS
            • COBS 14. CLIENT MONEY AND RELEVANT MONEY PROVISIONS
            • COBS 15. SAFE CUSTODY PROVISIONS
            • COBS 16. RECOVERY AND RESOLUTION PLANNING FOR CLIENT MONEY, RELEVANT MONEY AND SAFE CUSTODY ASSETS
            • COBS 17. ADDITIONAL RULES — AUTHORISED PERSONS CONDUCTING A REGULATED ACTIVITY IN RELATION TO VIRTUAL ASSETS
            • COBS 18. OPERATING A PRIVATE FINANCING PLATFORM
            • COBS 19. PAYMENT SERVICES
            • COBS 20. THIRD PARTY PROVIDERS
          • Captive Insurance Business Rules (CIB) [VER04.030220]
          • Fund Rules (FUNDS) [VER06.250521]
          • Market Infrastructure Rulebook (MIR) [VER05.240220]
          • Market Rules (MKT) [VER04.080222]
          • Rules of Market Conduct [VER02.210218]
          • Fund Passporting Rules (FP) [VER01.110319]
          • Past Versions
        • Waivers and Modifications
      • ADGM COURTS LEGISLATION
      • ARBITRATION LEGISLATION
    • ADGM COURTS PROCEDURES
    • GUIDANCE & POLICY STATEMENTS
    • PUBLIC CONSULTATION PAPERS
    • NOTICES OF PUBLICATION
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  1. ABU DHABI GLOBAL MARKET
  2. ADGM LEGAL FRAMEWORK
  3. FSRA LEGISLATION
  4. Rules
  5. Conduct of Business Rulebook (COBS) [VER11.080222]
  6. COBS 5. ADDITIONAL RULES — PROVIDING TRUST SERVICES
  7. COBS 5.11 Books and Records
  8. COBS 5.11.4
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  • Oct 21 2015 - Oct 20 2015
  • Oct 21 2015 - Oct 20 2015
  • Oct 21 2015
‹ COBS 5.11.3 COBS 5.12 Due Diligence ›

COBS 5.11.4

The Trust Service Provider's books and records must be sufficient to allow the recreation of the transactions of the business and its Clients and to demonstrate what assets are due to each Client and what liabilities are attributable to each Client.

‹ COBS 5.11.3 COBS 5.12 Due Diligence ›
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