• Changes to the Rules on Client Assets: Implications For Prime Brokers and Funds
  • March 2, 2011 | Author: Marco Crosignani
  • Law Firm: Cadwalader, Wickersham & Taft LLP - London Office
  • On 1 March 2011, a series of amendments to the FSA’s Client Assets Sourcebook (“CASS”) come into force that will require the repapering of relationships between prime brokers and their fund customers as well as a review of any liens granted in custody agreements.