Client Asset Regulations

Client Asset Regulations

The Client Asset Regulations 2015 (CAR) came into effect from the 1st of October 2015.  The purpose of the CAR is to safeguard and protect client assets.  The CAR applies to certain firms authorised by the Central Bank of Ireland (CBI) and is set out under seven key principles:

  1. Segregation.
  2. Designation and registration.
  3. Reconciliation.
  4. Daily calculation.
  5. Client disclosure and consent.
  6. Risk management.
  7. Client asset examination.

We operate:

  • a pooled client asset account with AIB, Bankcentre, Ballsbridge, Dublin 4 –; and
  • individually designated client asset accounts with Permanent TSB, 6-59 St. Stephen’s Green, Dublin 2 –

To view our Client Assets Key Information Document (CAKID) please click here.