CASS - The FCA’s Requirements for Clients’ Assets
Pricing
Cost for BPP PD Members: £490.00 VAT + 6 CPD Hours
(£615.00 VAT for non BPP PD Members)
Click Here for details of our membership scheme.)
With FCA ever more pressing on firms over their handling of client money and custody assets, firms have to be fully on top of the obligations applicable to them. As FCA continues to review and update its requirements, firms need to keep pace with the moving target. This course focuses on providing knowledge, understanding and insight in relation to CASS as a document and as a body of regulation applicable to thousands of firms.
Delegates
Management, compliance and administration professionals whose companies are regulated by FCA and hold or control client money and/or custody assets.
Learning outcomes include a greater understanding of:
- The significance attached to CASS by FCA
- Prevalent problems and how to avoid them
- Related regulatory developments
You will also learn:
- The structure of the CASS Sourcebook
- How to apply the requirements practicably: understanding the unwritten meaning
- The importance of getting it right on reconciliations
- Record keeping obligations and significance
Course Content
- The regulator’s intention behind CASS
- Structure of the Sourcebook: knowing your way around and finding detailed requirements
- Associated FCA permission: an essential pre-requisite
- Key obligations: sorting the wheat from the chaff
- Holding v controlling: knowing which side you are on
- Reconciliations: why the need, why the fuss?
- Trust letters: scenario of the ‘gone concern’
- Delegation: who’s responsible for what
- Record keeping: does it matter?
- Practical measures: simplicity minimises non-compliance
- Depositary responsibility: recent debate
"A CPD certificate of completion will be provided by BPP Professional Education Limited upon request, following attendance."
Course Dates
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London |
18 Jul 2020 |
9:00 AM - 5:00 PM |
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London |
15 Sep 2020 |
9:00 AM - 5:00 PM |
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London |
21 Nov 2020 |
9:00 AM - 5:00 PM |
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