‹ COBS 14.1 Client Assets COBS 14.1.2 › COBS 14.1.1 Application This section applies to an Authorised Person which: (a) holds or controls Client Assets; (b) Provides Custody or Arranges Custody; or (c) holds or controls Relevant Money. ‹ COBS 14.1 Client Assets COBS 14.1.2 ›