Safekeep and Custody Boundaries
Custody and safekeep or hold status belong to appointed external roles, with the workflow recording their acknowledgments rather than absorbing their authority.
Safekeep and hold remain appointed-role states
Where the fund workflow includes custody-side acknowledgment, safekeep, or hold status, those states remain attributable to the appointed external role. The workflow records the acknowledgment and links it to the official record and servicing state.
What to make explicit
- Which party acknowledges safekeep or hold status.
- When custody-side confirmation is required before mirrored state changes.
- How release, redemption, or transfer requests depend on custody-side acknowledgments.
- Where the evidence record shows the authoritative custody or safekeep confirmation.