CASS Enforcement Watch: The £31.7m WealthTek Settlement, and Your First Safeguarding Audit Deadline
News & regulatory update — clientmoney.co.uk Two developments from this summer are worth a compliance officer’s attention this week: a substantial FCA enforcement outcome that turns on a firm’s failure to check a counterparty’s actual permissions before holding client assets, and the practical mechanics of the first safeguarding audit cycle now running under CASS 15….