# clientmoney.co.uk > Generated by All in One SEO v5.0.2, this is an llms.txt file, used by LLMs to index the site. Helping businesses navigate client money and safeguarding compliance ## Sitemaps - [XML Sitemap](https://clientmoney.co.uk/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Client Money, Relevant Funds and “Safeguarded Funds”: The Definitions Firms Get Wrong](https://clientmoney.co.uk/client-money-relevant-funds-and-safeguarded-funds-the-definitions-firms-get-wrong/): Ask three people at a payment or e-money firm what “client money” means and you will often get three different answers, and at least one of them will be wrong. That matters more than it used to. Since the FCA’s new CASS 15 chapter came into force on 7 May 2026, firms authorised under the - [What Is CASS, and Why Does It Matter for Payment and E-Money Firms?](https://clientmoney.co.uk/what-is-cass-and-why-does-it-matter-for-payment-and-e-money-firms/): If you run, or advise, a UK-authorised payment institution, e-money institution, or crypto firm, you have almost certainly heard the word “CASS” thrown around by auditors, banking partners, or the FCA itself. For firms that grew up outside the traditional investment world, it can be confusing: CASS wasn’t originally written with you in mind, yet - [CASS Enforcement Watch: The £31.7m WealthTek Settlement, and Your First Safeguarding Audit Deadline](https://clientmoney.co.uk/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. - [FCA Finalises CASS 17: A New Safeguarding Regime for Crypto Custodians](https://clientmoney.co.uk/fca-finalises-cass-17-a-new-safeguarding-regime-for-crypto-custodians/): On 30 June 2026 the FCA published the core rulebook for the UK's new cryptoasset regime — five policy statements (PS26/9 through PS26/13) covering everything from stablecoin issuance to market abuse. Buried in that package, but arguably the single most consequential piece for firms already living inside CASS, is the creation of CASS 17: a - [Daily Safeguarding Reconciliations Under CASS 15: A Practical Guide](https://clientmoney.co.uk/daily-safeguarding-reconciliations-under-cass-15-a-practical-guide/): Last reviewed: July 2026 Quick answer: CASS 15 requires payment and e-money firms to run two distinct reconciliations — internal and external — on every reconciliation day, comparing what the firm should be safeguarding against what it actually holds. Any shortfall must be corrected from the firm's own funds by the end of the day - [The CASS Resolution Pack: What It Is, What Belongs In It, and How to Keep It Audit-Ready](https://clientmoney.co.uk/the-cass-resolution-pack-what-it-is-what-belongs-in-it-and-how-to-keep-it-audit-ready/): Last reviewed: July 2026 Quick answer: A CASS Resolution Pack (RP) is a structured set of documents, mandated under CASS 10A for payment and e-money firms (and CASS 10 for investment firms), that allows an administrator or insolvency practitioner to quickly identify and return customer funds if a firm fails. It isn't a wind-down plan, - [CASS 15 and the Safeguarding Supplementary Regime: The Complete Guide for Payment and E-Money Firms](https://clientmoney.co.uk/cass-15-and-the-safeguarding-supplementary-regime-the-complete-guide-for-payment-and-e-money-firms/): Last reviewed: July 2026 Quick answer: CASS 15 is the FCA's new sourcebook chapter setting out detailed, mandatory rules on how payment institutions and e-money institutions must safeguard customer funds. It forms the "Supplementary Regime," which came into force on 7 May 2026. It requires daily reconciliations, monthly regulatory returns, annual audits (for most firms), - [Understanding FCA Dormant Assets and CASS Rule Changes](https://clientmoney.co.uk/understanding-fca-dormant-assets-and-cass-rule-changes/): Introduction to FCA Dormant Assets The Financial Conduct Authority (FCA) has implemented new regulations concerning dormant assets. These efforts aim to make the management and distribution of unclaimed financial assets more transparent and efficient. Dormant assets refer to financial products that have not been used or claimed over a significant period, often including bank accounts, Learn about the new FCA regulations on dormant assets and the changes to the CASS rules designed to enhance consumer protection and transparency within the financial industry. Understand how these updates impact financial firms and their operations, ensuring better management and distribution of unclaimed financial assets along with improved client communications. ## Pages - [About us](https://clientmoney.co.uk/about-us/): Specialist insight into client money and safeguarding compliance ClientMoney.co.uk was created to give UK financial services firms a single, reliable point of reference for the rules governing client money protection and safeguarding, including the CASS regime and the Safeguarding Supplementary Regime introduced under CASS 15. Regulatory expectations in this area move quickly, and the cost - [Privacy Policy](https://clientmoney.co.uk/privacy-policy/): Who we are Our website address is: https://clientmoney.co.uk. Comments When visitors leave comments on the site we collect the data shown in the comments form, and also the visitor’s IP address and browser user agent string to help spam detection. An anonymized string created from your email address (also called a hash) may be provided - [Contact us](https://clientmoney.co.uk/contact-us/) ## Categories - [Financial News](https://clientmoney.co.uk/category/financial-news/) - [CASS 15](https://clientmoney.co.uk/category/cass-15/) - [CASS](https://clientmoney.co.uk/category/cass/) - [Regulatory news](https://clientmoney.co.uk/category/regulatory-news/) ## Tags - [dormant assets](https://clientmoney.co.uk/tag/dormant-assets/) - [CASS Resolution Pack](https://clientmoney.co.uk/tag/cass-resolution-pack/) - [CASS RP](https://clientmoney.co.uk/tag/cass-rp/) - [CASS 10](https://clientmoney.co.uk/tag/cass-10/) - [CASS 15](https://clientmoney.co.uk/tag/cass-15/) - [Reconciliation](https://clientmoney.co.uk/tag/reconciliation-2/) - [CASS 17](https://clientmoney.co.uk/tag/cass-17/) - [Safeguarding](https://clientmoney.co.uk/tag/safeguarding/) - [FCA](https://clientmoney.co.uk/tag/fca/) - [FCA enforcement](https://clientmoney.co.uk/tag/fca-enforcement/) - [CASS](https://clientmoney.co.uk/tag/cass/) - [Relevant Funds](https://clientmoney.co.uk/tag/relevant-funds/)