TISA - Tax Incentivised Savings Association - Training Event

Essentials of CASS for custody assets

Tisa -

Essentials of CASS for custody assets

This workshop will be delivered by Karen Bond, Partner, Walbrook Partners. Karen has more than 35 years financial services experience and has been a consultant since 1999. Assignments delivered include support for the development and setting up of operational processes, including CASS requirements, selection and implementation of outsource providers, remediation of CASS issues and support for s166 reviews and FCA visits. She has worked for a wide variety of firms, including platforms and their software providers, wealth managers, asset managers and outsource providers.

The session is intended to provide an overview of the key elements of the Custody Asset rules set out in the FCAs CASS 6 sourcebook. It is suitable for those with no previous experience in this area or for those who wish to refresh their knowledge.

The content will include

The scope and purposes of the Custody Asset rules and the impact of failures to comply
High level requirements for segregation, including custodian selection
Scope and the application of exemptions
The requirements for custody asset reconciliation and related funding requirements
ISEM purpose, requirements and approach
Recordkeeping and Evidence
Governance and oversight, including the management of outsourced services

Registration at 12:45, to commence at 13:00 and to conclude at 17:00

Members: 400
Non-members: 500