"assurance report" has the meaning assigned to it in paragraph 7 of Schedule 3 to the MiFID Regulations;
"authorised person" means a relevant person who has the authority to commit the investment firm to a binding agreement;
"client" means any person to whom an investment firm provides financial services;
"client financial instruments" means financial instruments as defined in Regulation 3(1) of the MiFID Regulations or investment instruments as defined in section 2(1) of the Investment Intermediaries Act 1995, which is held by an investment firm on behalf of a client and includes, without limitation, any - (a) client financial instrument that is held with a nominee, and (b) claim relating to, or a right in or in respect of a financial instrument;
"client funds" means any money, to which a client is beneficially entitled, received from or on behalf of a client or held by the investment firm on behalf of a client and includes (without limitation) - (a