Client Asset & Money Management (CASS)

From 1 June 2015 FCA authorised firms have had to comply with stringent new client asset rules published by the FCA in 2014. Firms failing to comply with these rules can find themselves subject to punitive fines, as well as disciplinary proceedings and damage to reputation.

What we do

D2LT recognises and understands the importance of these rules and the danger that existing contract wording can unwittingly give rise to CASS obligations. We have helped firms to identify hidden CASS obligations in contracts by the use of technology resources thus enabling them to take appropriate action to either ensure that the applicable CASS obligations are complied with or steps taken to renegotiate/amend relevant contracts.