Qualifying money market fund - CASS Provision

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CASS Anatomy™

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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 This resource therefore may well be out of date, even if it was accurate once, which it might not have been.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 SourcebookTable of Contents | 1 | 1A | 3 | 5 | 6 (custody rules) | 7 (client money rules) | 7A | 8 | 9 (PBDA) | 10

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A money market fund that counts for FCA purposes under the CASS rules. Defined the CASS rules here.

Relevant for CASS see especially 7.13.26 et. seq. In terms of suitability for custody (especially where there's a shortfall under 6.6.54R.