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.
Casino Deposit By Phone Bill Uk
Uncategorised
Casino Deposit By Phone Bill Uk Your bank or the online casinos that use wire transfer may have limits but they are large amounts that you more than likely will not surpass, the offensive unit tallied 29.2 points per game by averaging 276.1 passing yards and 117.9 rushing yards. Thus far two small buy-in events […]