Do you need a CASS 15 safeguarding audit?
The FCA supplementary safeguarding regime came into force on 7 May 2026. A few questions and you will know whether it applies to you, and what happens next.
Get a quote in 48 hoursDo you need a CASS 15 safeguarding audit?
Answer four questions to find out whether your firm has a legal obligation to appoint a registered auditor under FCA PS25/12 and SUP 3A. Your result includes the relevant regulatory references.
The dates that matter
- 7 May 2026CASS 15 in force
Codified daily reconciliations, prescriptive books and records, a CASS resolution pack, counterparty due diligence and a monthly regulatory return.
- Within 53 weeksYour first audit period ends
The period must not exceed 53 weeks from the date you became subject to the rules, or from the end of the previous report period.
- Plus 6 monthsFirst report due
The FCA extended the first deadline to six months after period end, up from the four months consulted on. Subsequent reports are due within four months.
- Exempt ifUnder £100,000
A firm that has not been required to safeguard more than £100,000 of relevant funds at any time over a period of at least 53 weeks does not need the audit.
Work with us
In scope and need it done?
We deliver safeguarding audits through our UK-registered practice. Tell us your position and a partner will send a fixed fee within 48 hours.
Get a quote in 48 hours