Client Assets - “CASS”

We work with a wide range of financial institutions from incumbents in the capital, retail and wealth management sectors to insurance brokers and FinTech disruptors, such as crowdfunding and peer-to-peer platforms. Firms can benefit from our broad range of professional services solutions, underpinned with deep industry experience and regulatory knowledge.

We offer a range of services to help financial institutions meet their regulatory obligations and protection of client assets. We combine deep regulatory technical insight with experience from industry experts, as well as practical approaches to achieve regulatory compliance and protect client assets.

Our approach focuses on the core principle of the client assets protection regime, which ensures the appropriate segregation of client assets, in the event of a firm’s insolvency and returning them to customers without undue delay.

We provide a wide range of services to many firms in the financial services industry and work with our clients to develop a tailored scope of their specific requirements. Examples of typical projects and areas of focus we undertake include:

• FRC CASS Assurance Standard – external audit services
• ISAE 3000 Assurance over CASS Internal Controls
• FCA regulatory visits and review
• Business acquisition, disposal and consolidation support
• Regulatory change (e.g. post-Brexit passport changes, responding to FCA driven changes)
• Operating model and internal controls review and gap analysis

For more information about our CASS services, or to join our regular CASS industry forums, contact our team today.