Sentence examples for safeguarding client from inspiring English sources

The government's new paper on dealing with failing investment banks includes a whole chapter on safeguarding client assets.

"We appreciate their commitment to safeguarding client data and their willingness to review their practices," a Goldman spokesman, David Wells, said.

And FCA director of markets David Lawton said safeguarding client assets was "key" to maintaining market confidence.

For lawyers, an ethical obligation to safeguard client confidences requires such protective actions.

All firms should be clear after Lehman that there is no excuse for failing to safeguard client assets.

Such a case would most likely center on the firm's failure to safeguard client money, a cardinal sin in the world of futures firms.

"We found that Bloomberg's current client data policies and practices are reasonably constituted to safeguard client data," the report said.

LONDON -- British authorities announced on Friday that they had fined the accountancy firm PricewaterhouseCoopers 1.4 million, or $2.2 million, for failing to safeguard client assets at JPMorgan Chase's securities business in London.

Some MF Global employees were aware of a shortfall in the firm's customer accounts days before filing for bankruptcy on Oct. 31, according to people involved in the case, a revelation that raises questions about why the firm failed to safeguard client money and whether it withheld information from authorities.

The obligation to safeguard client data applies no matter where these metaphorical infants happen to be, and anyone with access to this data must pass muster as a qualified caregiver.

"All firms should be clear after Lehman that there is no excuse for failing to safeguard client assets," the FCA director of enforcement and financial crime Tracey McDermott said.