The FCA has responded to the recommendations set out in the Bloxham final report relating to the FCA’s client asset rules. The Bloxham final report sets out recommendations for both HM Treasury relating to the Investment Bank Special administration Regime (SAR) and the FCA with the aim of speeding up the rate of return of client assets to an investment firm's clients in the event of its failure (by making the CASS rules and SAR work better together) and minimise the market impact of its entry into special administration. The FCA has published a discussion paper (DP16/2) on its client assets distribution rules in CASS 7A and the insolvency regime for investment firms, the SAR. DP16/2, seeking views on a number of the points raised. Comments are invited by 9 May 2016.