Before joining Bovill Newgate, Chloe was an external audit manager at PwC for both financial statement audits and CASS audits for a range of financial services firms. Her experience on CASS audits has covered a variety of product offerings and business models, exemptions and outsourcing arrangements. Chloe’s audit history has also provided experience with one-off transactions, system migrations and business model changes to give a breadth of scenarios impacting regulatory risks.
Chloe is an ACA BFP qualified chartered accountant with the Institute of Chartered Accountants in England and Wales (ICAEW) and has a BA (Hons) degree in Accounting and Finance.
The FCA is aiming to remove ambiguity around safeguarding processes and better align them with the Client Asset Sourcebook.
Using prudent segregation, and what industry challenges lie ahead.