To comply with requirements set by UKALA for handling of client money we:

1. 1. Have set up a separate bank account for clients’ money;

   2. Have the title of our Clients’ money bank account easily distinguished from other accounts of our business;

   3. Have in writing from our bank confirmation that all money is held by the business as an agent;

   4. Have the banks written confirmation that the bank is not entitled to combine the clients’ money account(s) with any other account or to exercise right of set-off or counterclaim against money in that accounting respect of any sum owed to it or any other account of the business;

   5. Have and maintain systems and controls which enable us to monitor and manage clients’ money transactions and any credit risk arising;

   6. Have accounting systems and client data securely controlled and protected;

   7. Obtain client’s written approval to make payments from their account;

   8. Bank all clients’ money at the earliest reasonable opportunity;

   9. Nominate authorised staff to handle money;

   10. Ensure that records show any and all cash transactions;

   11. Reconcile client accounts together with bank and cash balances at regular intervals in order to demonstrate control over the accuracy and completeness of accounting records;

   12. Ensure there are always sufficient funds in the account to pay all amounts owing to clients;

   13. To pay amounts owing to clients as they fall due without delay.