FCA’s Client Assets rules (CASS) define how firms must hold or control client money or safe custody assets. They are some of the most stringently enforced rules in the FCA handbook and are subject to a mandatory, independent assurance audit of compliance.
To ensure your firm is In Compliance with CASS, you’ll need expert understanding of these complex and detailed rules, to advise you how to implement them efficiently, effectively and accurately in your business, to help prepare your firm for the annual CASS audit review.
Ellis Wilson have extensive CASS consultancy experience, working with a number of firms ranging from small start-ups to global investment managers and international brokers. Our services include:
Working with our GOLDCOMPLY software platform, we help firms implement compliant CASS workflows for third-party appointments, mandate registers, due diligence assessments, CASS breaches and CASS Resolution Pack maintenance, improving accuracy and reducing duplication of your internal records. We help firms design the FRC CASS Audit Matrix in GOLDCOMPLY based on FCA rules and integrated with an internal risk and control framework, to evidence your CASS controls and simplify the audit process.