Client Assets (CASS) Assurance & Advisory
Firms regulated by the Financial Conduct Authority that hold client money or custody assets must comply with the Client Assets Sourcebook (CASS). These requirements are critical to ensuring client protection and maintaining trust — particularly in the event of firm failure.
At Parker Russell UK, we provide comprehensive CASS audit and advisory services — helping firms achieve compliance, strengthen control frameworks and maintain a fully audit-ready position.
Our Private Client Tax Services
CASS Audit Readiness
Preparing firms for annual CASS audits through compliance assessments, gap analysis and structured remediation support.
Independent CASS Reviews
Conducting mock audits aligned with external audit methodology to identify and resolve issues ahead of formal audit.
CASS Framework Design
Designing and enhancing client money and custody frameworks, including policies, controls and governance structures.
Reconciliations & Controls
Reviewing and strengthening internal calculations, external reconciliations and break resolution processes.
Resolution Pack & Wind-Down Planning
Supporting the development of CASS Resolution Packs to ensure rapid identification and return of client assets in insolvency scenarios.
Governance & Oversight
Enhancing oversight frameworks, reporting processes and breach management in line with FCA expectations.
Our Approach
How You Gain Value
At Parker Russell UK, we help firms move beyond basic compliance to establish a robust, well-controlled CASS environment aligned with FCA expectations.
Our approach ensures your safeguarding processes, governance and reporting frameworks are fully integrated — reducing regulatory risk while strengthening audit outcomes and operational confidence.
Regulatory Assurance
Confidence that your firm meets FCA CASS requirements with a structured, defensible approach.
Audit Preparedness
A consistent, audit-ready position supported by strong documentation and tested controls.
Operational Clarity
Gain clear visibility over fund flows, safeguarding structures and regulatory obligations.
Risk Reduction
Early identification and remediation of issues to minimise regulatory exposure.
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Why Clients Choose Us
01.
CASS Expertise
Deep technical knowledge of FCA CASS rules and audit requirements.
02.
Audit Experience
Strong track record supporting external audits and skilled person reviews (s166).
03.
Practical Approach
Hands-on support focused on implementation and real operational improvement.
04.
Sector Understanding
Experience working with regulated firms facing complex compliance challenges.
Our Promise
At Parker Russell UK, CASS compliance is not just about meeting regulatory requirements — it is about protecting client assets, strengthening trust and ensuring operational integrity.
We provide clear, structured support that enables your firm to maintain a robust, compliant and audit-ready CASS framework.
