Scope & reliance — 🔒 All inputs are processed locally in your browser. No data is transmitted. Do not enter real personal data — use synthetic or anonymised inputs only. This tool reflects the FCA's enhanced safeguarding requirements per CP22/15 and subsequent final rules. Requirements may be updated — always verify against the current FCA Handbook (CASS 15 / EMR / PSRs) and your legal advisers. Not a substitute for formal legal or compliance advice. Deterministic logic · no inference · zero PII · CC BY 4.0.

Institution Profile

Institution Type

Average Relevant Funds Held (£)

Safeguarding Method

Safeguarding Asset Quality

Check all that apply to your current safeguarding arrangements.

Held at authorised credit institutionSegregated account at a UK/EEA bank or building society Separate dedicated accountAccount clearly identified as safeguarding account in bank's records No set-off or netting rightsAccount agreement confirms bank cannot offset against firm's debts Liquid / instant access assets onlyNo fixed-term deposits or illiquid instruments Acknowledgment letter obtainedCustodian bank has signed FCA-compliant acknowledgment letter No comingling with own fundsFirm's own funds never pass through or reside in safeguarding account

Reconciliation & Monitoring

Daily internal reconciliationReconciliation of relevant funds position performed each business day External reconciliation ≤ 5 business daysComparison with safeguarding account statement at least every 5 days Shortfall remediation procedureWritten procedure to top-up shortfalls identified in reconciliation Surplus withdrawal procedureWritten procedure governing withdrawal of surplus own funds from safeguarding account Audit trail maintainedRecords of each reconciliation kept for minimum 5 years Board oversight of safeguardingBoard receives regular safeguarding MI and approves policy annually

Wind-Down & Continuity

Wind-down plan documentedWritten plan for orderly return of relevant funds on insolvency/cessation Wind-down plan testedPlan has been exercised or tabletop tested in the last 12 months FCA notification triggers definedTriggers for notifying FCA of material safeguarding issues are documented Resolution/insolvency waterfall mappedPriority of claims on relevant funds in insolvency is documented and understood

Shortfall Buffer Calculation

Current Safeguarding Account Balance (£)

Operational Buffer Maintained Above Relevant Funds (%)

PSP Customer Fund Safeguarding Assessment