Martin Wheatley and Richard Sutcliffe spoke on the regulatory approach to client asset protection. Martin Wheatley outlined FCA's role in the wholesale markets, covering markets regulation, wholesale conduct and the importance of client asset protection. Richard Sutcliffe covered the formation of the Client Assets Unit at FSA and how it operates. Both discussed the current fundamental review of the client assets rules and encouraged feedback to all FSA consultations. (Source: Martin Wheatley Speech on Client Assets and Richard Sutcliffe Speech on Client Assets)