MIFID II Changes For CASS | Understanding The Impact And Preparing For Change

'Our implementation proposals do not mean significant changes to CASS as MIFID II is broadly aligned. We therefore think firm impact will be small' – FCA, MIFID II Implementation – Consultation paper II CP16/19.

Will the impact of changes to the CASS rules be small for every firm? With so much else to consider as part of MiFID II implementation, investment firms could be forgiven for overlooking proposed changes to CASS arrangements. But some of these may have a considerable impact on specific businesses. Here, Deloitte's CASS advisory specialists highlight some potential challenges in meeting key aspects of the new rules. So what to focus on?

Title Transfer Collateral Arrangements