Part 3 Further Provision about an Investment Contract Counterparty and a CFD Counterparty

Part 3 Further Provision about an Investment Contract Counterparty and a CFD Counterparty

Duties and liabilities of an investment contract counterparty and a CFD counterparty

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(1)     An investment contract counterparty and a CFD counterparty must act in accordance with—

(a)     any direction given by the Secretary of State by virtue of this Schedule;

(b)     any provision included in regulations.

(2)     An investment contract counterparty and a CFD counterparty must exercise the functions conferred by or by virtue of this Schedule to ensure that it can meet its liabilities under any investment

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