> For the complete documentation index, see [llms.txt](https://docs.verified.network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.verified.network/reference/verified-sdk/delegated-permissions.md).

# Delegated permissions

There are a number of roles that are played by appropriately regulated financial service providers on the Verified Network. These are 

* KYC Manager - authorized to do KYC/AMLA checks.
* Custodian - licensed custodians and payment institutions that can keep securities and customer deposits in custody, and initiate and settle payments.
* Depository participant - licensed registrar and transfer agents that can register securities, transfer them and settle payments against transfers.
* Asset manager - licensed managers that make and manage investments.

A user can be delegated any of these roles based on their KYC approved by an already existing manager in that country. A manager is set for every user on the Client contract.