The Financial Conduct Authority (FCA) has made a number of "extensive and detailed" changes to its client money rules which it hopes will improve the protection of client assets.
The changes to the Client Assets sourcebook (CASS) outlined in a policy statement on Tuesday will require firms to provide enhanced information for consumers about how monies are held and how they are...
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch
To drive progress