Clifford Chance

The FSA CASS Resolution Pack

30 March 2012

The FSA's Policy Statement PS12/6 "The CASS Resolution Pack" was published on 26 March 2012 and sets out the changes to be made to the Client Assets sourcebook ("CASS") to introduce requirements for a CASS Resolution Pack.  These changes will take effect on 1 October 2012.  In theory, the Resolution Pack requirements should not be difficult to comply with, on the basis that firms should have the relevant records in place anyway, but there are some points which may cause difficulties. 

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