Question: Explain what is a client account? When should you inform ICCRC that a client account has been opened or closed? What is the time period

  1. Explain what is a client account?
  2. When should you inform ICCRC that a client account has been opened or closed?
  3. What is the time period to deposit client funds into the client account ?
  4. How often should reconciliation of your client accounts occur ?
  5. Explain what are the two models used for the Client Account (Model 1) and Model (Model 2)

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