She has managed end-to-end CASS audits and ISAE3000 control reports of large investment banks and CFD institutions with: complex multinational custody structures, a variety of product offerings, outsourced activities and international operating models.
Before joining Bovill Newgate, Vessy was an external CASS auditor at PwC and internal CASS auditor at Citibank, the Global Custodian of 2022.
Firms have just nine months to prepare for the new rules ahead of January 2026.
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.
With the CASS audit season being just around the corner for many investment firms, it’s worth exploring what you can do before and during your audit to ensure you get the right result delivered efficiently.
Nicola Green | Bovill, Vessy Reid | Bovill Newgate5 min read