FCA PS · FCA
PS18/2: Client money and unbreakable deposits
Published
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Final rules, after CP17/29, letting firms hold a proportion of client money in unbreakable deposits longer than 30 days (including 95-day deposits), subject to a written policy kept in the CASS resolution pack and written risk explanations to clients.
Written from the Regulation Tomorrow post (Norton Rose Fulbright) that links this paper, not from the paper itself.
Details
| Reference | PS18/2 |
|---|---|
| Issuer | FCA |
| Published | 22 Jan 2018. Source: FCA, "PS18/2: Client money and unbreakable deposits": "Policy Statement: PS18/2 22/01/2018" (read 19 Oct 2026) |
Provisions it relates to
Not linked to a provision yet.
FCA Handbook
Handbook provisions the Handbook lists against this paper (only those linked to MiFID II or MiFIR material are shown).
- CASS 7.13.14AR · Client bank accounts
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