FCA fines Aviva for CASS failings relating to outsourced providers | Practical Law

FCA fines Aviva for CASS failings relating to outsourced providers | Practical Law

The FCA has published the final notice it has issued to Aviva Pension Trustees UK Ltd and Aviva Wrap UK Ltd, fining the firms £8.2 million for failings in their oversight of outsourced providers under the Client Assets sourcebook (CASS).

FCA fines Aviva for CASS failings relating to outsourced providers

Practical Law UK Legal Update w-003-7656 (Approx. 3 pages)

FCA fines Aviva for CASS failings relating to outsourced providers

Law stated as at 05 Oct 2016United Kingdom
The FCA has published the final notice it has issued to Aviva Pension Trustees UK Ltd and Aviva Wrap UK Ltd, fining the firms £8.2 million for failings in their oversight of outsourced providers under the Client Assets sourcebook (CASS).