FSA is consulting until 30 September on two areas of client assets policy: firm classification and operational oversight requirements (CASS 1A) and the scope of the mandate rules (CASS 8). The changes it proposes are mainly clarificatory. The changes to classification and related requirements address problems FSA has noted with the rules since it introduced the new CASS operational oversight controlled function. The changes to the mandate rules aim to address inconsistency of understanding FSA has become aware of between firms and their auditors. (Source: CP 12/15 Client Assets Firm Classification, Oversight, Reporting and the Mandate Rules)