Professional Training

Encouraging CASS Compliant Organisations through Regulatory Awareness and Technical Know-how

FourthLine Learning, In London
2 days
2 days

Course description

Encouraging CASS Compliant Organisations through Regulatory Awareness and Technical Know-how

This course is an in-depth 2-day workshop which aims to cover all the key areas impacted by CASS and how firms can best address some of the specific CASS challenges they face in their 'Business-as-Usual' Processes, Procedures and controls as they strive to mitigate the risk of non-compliance with the rules and potential loss to clients. This course aims to help firms to improve their CASS knowledge and awareness from a practical perspective; helping them to demonstrate an embedded CASS culture within the organisation in line with the FCA’s requirements.

This 2-day course will incorporate a blend of rule-based regulatory views combined with innovative practical break out sessions to help participants fully understand the complexities of CASS and the challenges and risks their respective organisations may face from a CASS perspective: whilst also providing the opportunity to group brainstorm solutions to such risks and challenges.

Early Bird Discount, Multi-Booking and Client Rates available.

This course can also be delivered in-house. Get in touch for more information.

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Suitability - Who should attend?

CASS-related Functions

  • Operations (Settlements/Reconciliation)
  • Treasury
  • Client On-Boarding
  • Legal
  • Finance

Training Course Content

CASS in Context

  • Definition of CASS and its origins within the regulatory framework
  • FCA principles of business
  • Key concepts relating to Client money rules including; Resolution, Recovery & return, Segregation, Traceability, Transparency
  • CASS in the bigger regulatory picture

CASS Hot Topics

  • Key challenges for firms in securing a robust CASS framework
  • Impact of getting CASS wrong to your organisation, as well as providing insights into the potential wider impacts of Brexit in relation to CASS

CASS Applicability

  • How, where and when CASS rules apply to your regulated business
  • What constitutes collateral, client money and custody assets
  • Where clients will have recourse to the client money protection and distribution rules
  • Vital importance of reconciliation within the CASS Compliance strategy

Culture & Governance

  • Overview of the roles & responsibilities across the lines of defence,
  • Impact of the Senior Manager Certification Regime
  • CASS Oversight
  • Risks associated with using third party service providers and how to mitigate same
  • Importance of detailed documentation and client disclosures
  • Escalation and CASS breach management
  • Training as a key component of a robust CASS Governance Framework and CASS Culture