The protection of client money and assets continues to be a high priority for both investors and regulators. The application of the FSA rules can be difficult, in the context of diverse business lines, complex processes and lengthening supply chains.
Senior executives and staff need to have a good understanding of principles, best practice and areas of risk in order to comply and to implement the optimum pragmatic solutions for their businesses and for clients.
Navigant's industry experts are positioned to offer insights into the latest Client Money and Asset issues.
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“While most firms are trying to comply, it’s all too easy, in the eyes of the FSA, to get the CASS Rules wrong. The application of generic rules to specific business situations, the need for a holistic governance and oversight framework and the impacts of business changes mean that there is room for error. The financial impact of regulatory action may be outstripped by the reputational and/or remediation cost. Navigant understands both the technicalities of the rules and the details of the real life operational processes to which they are applied. We can help you to get it right.”
- Karen Bond