Category CASS

Last week’s blog about the recent FCA CASS Dear CEO letter has prompted many questions, and particularly about the matched principal exemption. This is a brief note to address those common questions about the matched principal exemption. What is the…

On Friday (24 July 2020) the FCA sent out a Dear CEO letter to wholesale brokers. The letter was about use of title transfer collateral arrangements and the matched principal exemption. The FCA call to action is for all firms…