(1) A fund service provider shall act honestly, fairly and professionally in accordance with the best interests of investors.
(2) A fund service provider shall keep investor money separate from other money and take all steps as may be necessary to ensure that investor money is held by it in trust for the benefit of the investor on behalf of whom such investor money is being held.
(3) A fund service provider shall not -
(a) place in a third party collection account any money other than investor money except in accordance with Regulations 72(4), 72(5) and 77(3),
(b) except in accordance with a legally enforceable agreement, use investor money for any purpose other than for the sole account of that investor,
(c) use, or transfer investor money otherwise than in accordance with an instruction relating to that investor money received by the fund service provider from the investor for whom that investor money is held or as required by law or by order of any court of competent jurisdicti