Protecting Client Money & Assets - A Comprehensive Guide to CASS Compliance

Introduction

The protection of a client’s property is paramount in the financial services industry.

The FCA's Client Assets Sourcebook (‘CASS’) sets the rules, and this comprehensive new virtual classroom seminar will equip you with the expertise to navigate these regulations confidently and effectively.

From custody and client money handling to mandates and client communication, you'll gain practical knowledge and insights to ensure compliance and build client trust.

The session will allow you to:

• Understand CASS better: Gain a deep understanding of all key CASS rules - 6, 7, 7A, 8, 9, and 10
• Minimise risk: Learn how to identify and mitigate potential CASS breaches, protecting your firm and clients
• Enhance client trust: Demonstrate your commitment to safeguarding client assets and building strong client relationships
• Improve your professional skills: Become a valuable asset to your firm by mastering this critical area of regulation
• Stay up to date: Keep abreast of the latest CASS requirements and best practices

The session is crucial for anyone involved in handling client assets, including but not limited to investment managers, financial advisers, operations staff, compliance officers, and client service representatives.

What You Will Learn

This live and interactive course will cover the following:

• CASS 6 (Custody Rules): Segregation, safe custody arrangements, record-keeping, and reconciliation
• CASS 7 & 7A (Client Money): Segregation, reconciliation, permitted investments, distribution, and transfer rules
• CASS 8 (Mandates): Obtaining and managing valid client mandates, content requirements, and record-keeping
• CASS 9 (Information to Clients): Communicating effectively with clients about their assets, reporting requirements, and statement content
• CASS 10 (CASS Resolution Pack): Purpose, components, maintenance, and testing of the CASS Resolution Pack
• Practical application through real-world case studies and scenarios

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.