Your job function is: If BLS refuses to sign the new Security Agreement, the results are as follows:
1) MS will not be able to offer BLS any of MS’s current scope of services and any new or existing overdraft facilities, term loan or margin trading facilities which are available on private wealth management platform.
2) MS will de-activate BLS’ call deposit and custody account.
In CCIR’s view, BLS has no alternative unless to sign the new Security Agreement to confirm the continuity of Customer Agreement.