Prior to AIFMD and UCITS V, transfer agents were unknown, however the need for greater transparency and trust has raised their profile....

Whilst it is not the regulator’s objective to prevent firms from failing, where a firm does fail, the aim is to manage this in an orderly...

The purpose of the Client Assets Sourcebook (CASS) is to ensure that client money and assets are always protected. Importantly, all...

In 2020 the FCA issued three Dear CEO letters. The letters were a reminder to firms of the obligations relating to client assets and...