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CASS Considerations When Planning for ‘Day One’

September 29, 2025
By Elaine Sutton, Calum Leslie, Camilla Eliott Lockhart & Mark Orton

Article by


Camilla Eliott LockhartCounsel
Mark OrtonSenior Associate

This is the second article in a thought leadership series by Teneo and Hogan Lovells, covering the lifecycle of distress from contingency planning to special administration and the return of client assets.

Drawing on real-world experience, the series brings together restructuring, operational and legal perspectives. This article focuses on the CASS-related issues and challenges that may arise in the period leading up to an insolvency event, with an emphasis on crisis management and engagement with the FCA.

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The views and opinions in these articles are solely of the authors and do not necessarily reflect those of Teneo. They are offered to stimulate thought and discussion and not as legal, financial, accounting, tax or other professional advice or counsel.

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