Posted: 26/05/2022 | Read time: 4 minutes   Good governance is essential to ensure compliance with CASS rules and regulations. Without adequate governance and oversight frameworks, financial organisations will struggle to satisfy FCA expectations. But achieving this is often more difficult than it first seems. After all, building a culture that promotes change and innovation…

Posted: 25/02/2022 | Read time: 4 minutes   The annual CASS audit always presents significant challenges for firms holding client money or custody assets. Investment firms are required by the Handbook to send a client assets report to the regulator on an annual basis. This report must be prepared and provided to the FCA by…

Posted: 22/10/2021 | Read time: 5 minutes   Spotlight on Regulatory Reporting In late 2019, communication from the PRA emphasised that banks and building societies are expected to submit “complete, timely, and accurate regulatory returns.” Since then, they have conducted follow-up investigations into the quality of reporting across the industry. From these findings, a recent…