FSA PUBLISHES POLICY STATEMENT ON CASS RESOLUTION PACKS

On 26 March 2012, the FSA published Policy Statement PS 12/6 on CASS Resolution Packs.  We now know that all firms holding client money or safe custody assets will have until 1 October 2012 to be fully compliant with the CASS RP rules.

A full review of the policy statement will be posted within the next couple of days, so please remember to log back in.

All the best

Michael

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