ARTICLE
10 September 2012

Client Assets: CP12/15 - Changes to CASS

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CMS Cameron McKenna Nabarro Olswang

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On 25 July 2012, the FSA published Consultation Paper 12/15 which proposes a number of minor alterations to the Client Asset rules for oversight and reporting (CASS 1A).
UK Finance and Banking
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On 25 July 2012, the FSA published Consultation Paper 12/15 which proposes a number of minor alterations to the Client Asset rules for oversight and reporting (CASS 1A), the CMAR form (SUP 16), and the client mandate rules (CASS 8).  Many of the changes simply rephrase existing rules; but the more substantial changes are summarised in our briefing note - click here.

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Law-Now information is for general purposes and guidance only. The information and opinions expressed in all Law-Now articles are not necessarily comprehensive and do not purport to give professional or legal advice. All Law-Now information relates to circumstances prevailing at the date of its original publication and may not have been updated to reflect subsequent developments.

The original publication date for this article was 06/09/2012.

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