Shortfall - FCA Rulebook Term

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Template:FCA Section Shortfall

Section Shortfall

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See in particular treatment of shortfalls in the CASS rules.

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IMPORTANT: CASS changed quite a bit after MiFID II. This resource therefore may well be out of date, even if it was accurate once, which it might not have been. This is an article about the FCA’s custody and client money rules — client assets — and is fondly known by its chapter in the FCA SourcebookTemplate:Anatnavigation-cass
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