{"id":1855,"date":"2026-01-27T11:18:56","date_gmt":"2026-01-27T11:18:56","guid":{"rendered":"https:\/\/iqeq.com\/gb\/?p=1855"},"modified":"2026-02-03T16:23:23","modified_gmt":"2026-02-03T16:23:23","slug":"fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15","status":"publish","type":"post","link":"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/","title":{"rendered":"FCA rules are changing for e-money firms: Are you ready for Cass 15?"},"content":{"rendered":"<section class=\"text-block standard-spacing  \">    <div class=\"container fade-in\">\n        <p>IQ-EQ Compliance Director, Philip Buckingham, has co-authored an article with Gravita Audit Partner, Dan Rose, for FT Adviser examining the Financial Conduct Authority&#8217;s proposed Cass 15 rules and their implications for electronic money institutions and payment service providers.<\/p>\n<p>Read the full article:<\/p>\n<p style=\"text-align: center\"><a class=\"btn btn--mint\" href=\"https:\/\/www.ftadviser.com\/content\/6f36b955-aef3-42cd-9ced-f01da4a29eb2\">FCA rules are changing for e-money firms<\/a><\/p>\n<p>The article explores how the FCA&#8217;s proposals will introduce new safeguarding, reporting and audit requirements for firms holding client money, reflecting a broader regulatory focus on strengthening client asset protection across the financial services sector.<\/p>\n<p>With implementation confirmed for 7 May 2026, firms have just six months to prepare for significantly heightened scrutiny. The new framework requires firms to build stronger internal systems, create comprehensive Cass resolution packs, align operations with investment firm expectations, and appoint experienced Cass auditors.<\/p>\n<p>For many e-money and payment firms facing their first Cass audit, this represents a fundamental operational shift. Early preparation is essential \u2013 firms should conduct detailed impact assessments, perform gap analyses, review technology infrastructure for real-time reconciliation capabilities and engage experienced auditors well ahead of implementation.<\/p>\n            <\/div>\n<\/section>","protected":false},"excerpt":{"rendered":"","protected":false},"author":51,"featured_media":1625,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[1],"tags":[],"expertise":[16],"service_category":[],"class_list":["post-1855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FCA rules are changing for e-money firms: Are you ready for Cass 15? | IQ-EQ UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FCA rules are changing for e-money firms: Are you ready for Cass 15? | IQ-EQ UK\" \/>\n<meta property=\"og:url\" content=\"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/\" \/>\n<meta property=\"og:site_name\" content=\"IQ-EQ UK\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-27T11:18:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-03T16:23:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2025\/08\/AdobeStock_813615181-scaled.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1708\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"aaroncheema\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"aaroncheema\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/\"},\"author\":{\"name\":\"aaroncheema\",\"@id\":\"https:\/\/iqeq.com\/gb\/#\/schema\/person\/a729d86170b28c969b1ebcb1643f3e69\"},\"headline\":\"FCA rules are changing for e-money firms: Are you ready for Cass 15?\",\"datePublished\":\"2026-01-27T11:18:56+00:00\",\"dateModified\":\"2026-02-03T16:23:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/\"},\"wordCount\":12,\"image\":{\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2025\/08\/AdobeStock_813615181-scaled.jpeg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/\",\"url\":\"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/\",\"name\":\"FCA rules are changing for e-money firms: Are you ready for Cass 15? | IQ-EQ UK\",\"isPartOf\":{\"@id\":\"https:\/\/iqeq.com\/gb\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2025\/08\/AdobeStock_813615181-scaled.jpeg\",\"datePublished\":\"2026-01-27T11:18:56+00:00\",\"dateModified\":\"2026-02-03T16:23:23+00:00\",\"author\":{\"@id\":\"https:\/\/iqeq.com\/gb\/#\/schema\/person\/a729d86170b28c969b1ebcb1643f3e69\"},\"breadcrumb\":{\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/#primaryimage\",\"url\":\"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2025\/08\/AdobeStock_813615181-scaled.jpeg\",\"contentUrl\":\"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2025\/08\/AdobeStock_813615181-scaled.jpeg\",\"width\":2560,\"height\":1708},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/iqeq.com\/gb\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FCA rules are changing for e-money firms: Are you ready for Cass 15?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/iqeq.com\/gb\/#website\",\"url\":\"https:\/\/iqeq.com\/gb\/\",\"name\":\"IQ-EQ UK\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/iqeq.com\/gb\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/iqeq.com\/gb\/#\/schema\/person\/a729d86170b28c969b1ebcb1643f3e69\",\"name\":\"aaroncheema\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/iqeq.com\/gb\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/600c8da5910de9b4e53aa9bec1868d3af017b0b3d9a2740554140833233fb863?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/600c8da5910de9b4e53aa9bec1868d3af017b0b3d9a2740554140833233fb863?s=96&d=mm&r=g\",\"caption\":\"aaroncheema\"},\"url\":\"https:\/\/iqeq.com\/gb\/insights\/author\/aaroncheema\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FCA rules are changing for e-money firms: Are you ready for Cass 15? | IQ-EQ UK","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/","og_locale":"en_US","og_type":"article","og_title":"FCA rules are changing for e-money firms: Are you ready for Cass 15? | IQ-EQ UK","og_url":"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/","og_site_name":"IQ-EQ UK","article_published_time":"2026-01-27T11:18:56+00:00","article_modified_time":"2026-02-03T16:23:23+00:00","og_image":[{"width":2560,"height":1708,"url":"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2025\/08\/AdobeStock_813615181-scaled.jpeg","type":"image\/jpeg"}],"author":"aaroncheema","twitter_card":"summary_large_image","twitter_misc":{"Written by":"aaroncheema","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/#article","isPartOf":{"@id":"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/"},"author":{"name":"aaroncheema","@id":"https:\/\/iqeq.com\/gb\/#\/schema\/person\/a729d86170b28c969b1ebcb1643f3e69"},"headline":"FCA rules are changing for e-money firms: Are you ready for Cass 15?","datePublished":"2026-01-27T11:18:56+00:00","dateModified":"2026-02-03T16:23:23+00:00","mainEntityOfPage":{"@id":"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/"},"wordCount":12,"image":{"@id":"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/#primaryimage"},"thumbnailUrl":"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2025\/08\/AdobeStock_813615181-scaled.jpeg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/","url":"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/","name":"FCA rules are changing for e-money firms: Are you ready for Cass 15? | IQ-EQ UK","isPartOf":{"@id":"https:\/\/iqeq.com\/gb\/#website"},"primaryImageOfPage":{"@id":"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/#primaryimage"},"image":{"@id":"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/#primaryimage"},"thumbnailUrl":"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2025\/08\/AdobeStock_813615181-scaled.jpeg","datePublished":"2026-01-27T11:18:56+00:00","dateModified":"2026-02-03T16:23:23+00:00","author":{"@id":"https:\/\/iqeq.com\/gb\/#\/schema\/person\/a729d86170b28c969b1ebcb1643f3e69"},"breadcrumb":{"@id":"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/#primaryimage","url":"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2025\/08\/AdobeStock_813615181-scaled.jpeg","contentUrl":"https:\/\/iqeq.com\/gb\/wp-content\/uploads\/sites\/6\/2025\/08\/AdobeStock_813615181-scaled.jpeg","width":2560,"height":1708},{"@type":"BreadcrumbList","@id":"https:\/\/iqeq.com\/gb\/insights\/fca-rules-are-changing-for-e-money-firms-are-you-ready-for-cass-15\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/iqeq.com\/gb\/"},{"@type":"ListItem","position":2,"name":"FCA rules are changing for e-money firms: Are you ready for Cass 15?"}]},{"@type":"WebSite","@id":"https:\/\/iqeq.com\/gb\/#website","url":"https:\/\/iqeq.com\/gb\/","name":"IQ-EQ UK","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/iqeq.com\/gb\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/iqeq.com\/gb\/#\/schema\/person\/a729d86170b28c969b1ebcb1643f3e69","name":"aaroncheema","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/iqeq.com\/gb\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/600c8da5910de9b4e53aa9bec1868d3af017b0b3d9a2740554140833233fb863?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/600c8da5910de9b4e53aa9bec1868d3af017b0b3d9a2740554140833233fb863?s=96&d=mm&r=g","caption":"aaroncheema"},"url":"https:\/\/iqeq.com\/gb\/insights\/author\/aaroncheema\/"}]}},"_links":{"self":[{"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/posts\/1855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/comments?post=1855"}],"version-history":[{"count":1,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/posts\/1855\/revisions"}],"predecessor-version":[{"id":1858,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/posts\/1855\/revisions\/1858"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/media\/1625"}],"wp:attachment":[{"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/media?parent=1855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/categories?post=1855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/tags?post=1855"},{"taxonomy":"expertise","embeddable":true,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/expertise?post=1855"},{"taxonomy":"service_category","embeddable":true,"href":"https:\/\/iqeq.com\/gb\/wp-json\/wp\/v2\/service_category?post=1855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}