Client money bank

Template:Anattitle-cass →Go uptown 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 This resource therefore may well be out of date, even if it was accurate once, which it might not have been.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 Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

A bank which holds client money — a bank account opened in the name of an agent of some kind — a solicitor, broker or some such — who operates it as trustee on behalf of its clients.