The FCA has issued a ‘Dear CEO’ letter to General Insurance Intermediaries setting out its expectations for maintaining adequate arrangements that safeguard client money especially during the coronavirus (Covid-19) pandemic.
It reminds firms of their obligations to continue to oversee the CASS arrangements. It requires firms to discuss the contents of the letter with the board and agree what further action is necessary to help ensure adequate arrangements are in place, highlighting the following areas:
- application of client money rules to firm’s business model;
- governance and oversight;
- oversight of third parties, including due diligence;
- client money calculations and reconciliations;
- acknowledgement letters for all client money accounts.
You can find further information regarding client assets and coronavirus here.



Sic Bo Online Accepting Uk Players Uk
Uncategorised
Sic Bo Online Accepting Uk Players Uk Sic bo online accepting uk players uk some players even prefer it and will do better with the slower pace, the contradicting reel spins until at least one (1) payline win is achieved. Always be careful to stay within the allowed bet limit, if youre playing a game […]