Duration: 3 hours
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. She has delivered many training courses on this subject, combining her deep operational knowledge with detailed knowledge pf CASS and its application. As a consultant, Karen has defined and implemented multiple CASS related processes, including selection and implementation of outsource providers, supported remediation of CASS issues and provided 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, derivatives providers, P2P lenders and outsource providers.
The course will cover the ongoing training requirements for those engaged in CASS related roles, whether as CASS specialists, operational practitioners or in Compliance or Internal Audit. Participants will receive a refresher of the Client Money requirements within CASS 7, including a recap of the key requirements and updates, based on our knowledge of the latest themes and best practice. The agenda will include:
- Regulatory background and the applicable rules
- Requirements for Client Money Segregation
- Recordkeeping requirements and expectations
- Internal and external client money reconciliations
- Funding and Timings
- Governance and Oversight
The course will be suitable for those with previous training and/or experience in this area, who wish to refresh their knowledge and to prove their fulfilment of continuing training expectations. Types of business covered will include those within scope of CASS 7, including fund managers, wealth managers and platforms.