Written by Financial Planner Online
New CASS rules are being introduced in just over six months' time. The FCA said it relies "greatly on the quality of the protections afforded by the client assets regime because they help to ensure that clients' assets and money are safe in the event of firms failing". The regulations will be altered from 1 June.
In a sector with so much complexity, to what extent is RegTech solving the real compliance issues facing financial services?
Half of the companies in the first wave of the Financial Conduct Authority's advice unit have either launched a low-cost advice service or will be doing so imminently.
Over the last ten years it has become increasingly possible to turn bright technology ideas into smooth, working, scalable solutions, writes founding director of Altus, Kevin Okell.