Services

Client Assets - “CASS”

Client assets protection

In an environment of increasing internal and external stakeholder pressure on financial institutions to put client asset protection at the heart of their business objectives, our experienced team supports companies in achieving this vital goal.

We work with a wide range of financial institutions from incumbents in the capital, retail and wealth management sectors to insurance brokers and FinTech disruptors, such as crowdfunding and peer-to-peer platforms. Firms can benefit from our broad range of professional services solutions, underpinned with deep industry experience and regulatory knowledge.

We offer a range of services to help financial institutions meet their regulatory obligations and protection of client assets. We combine deep regulatory technical insight with experience from industry experts, as well as practical approaches to achieve regulatory compliance and protect client assets.

Our approach focuses on the core principle of the client assets protection regime, which ensures the appropriate segregation of client assets, in the event of a firm’s insolvency and returning them to customers without undue delay.

We provide a wide range of services to many firms in the financial services industry and work with our clients to develop a tailored scope of their specific requirements. Examples of typical projects and areas of focus we undertake include:

  • FRC CASS Assurance Standard – external audit services
  • ISAE 3000 Assurance over CASS Internal Controls
  • FCA regulatory visits and review
  • Business acquisition, disposal and consolidation support
  • Regulatory change (e.g. post-Brexit passport changes, responding to FCA driven changes)
  • Operating model and internal controls review and gap analysis

For more information about our CASS services, or to join our regular CASS industry forums, contact our team today.

Key contacts

Suzanne Tailor

Suzanne Tailor

Partner

Suzanne leads Deloitte’s Client Assets & Safeguarding team in the UK. Her team brings together subject matter expertise across the Banking & Capital Markets, Investment Management & Private Equity; an... More

Dennis Cheng

Dennis Cheng

Partner

Dennis is a Partner in our Banking and Capital Markets Audit and Assurance Practice in London, and he also leads the Payments practice for Assurance in the United Kingdom. His areas of specialism are ... More