Client Money Management at rebuildingsociety
Completion requirements
The firm manages client money using a client account held at Barclays.
The firm produces a daily reconciliation and removes any fees from the client account and revises any prudential segregation, used to offset any negative user balances.
The firm maintains a breaches register.
The firm works with an independent auditor TC Group. The audit year runs from March to the end of February, each year.
The prescribed responsibility for client money management is (z).
The firm maintains a Client Money Management Policy.
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