New, more principles-based, client money rules applicable to both MiFID business and other designated investment business have been in force since 1 January 2009. The CASS 5 rules applicable to insurance intermediaries have not been changed but intermediaries dealing with any MiFID or designated investment business should be aware of the revised regime.  

The FSA have said that they plan to consult on CASS 5 for insurance intermediaries during the first quarter of 2009.