WE WILL BE RUNNING COURSES IN LONDON IN 2021

CLIENT ASSETS (CASS) - THEIR PROTECTION

  • A Client Assets' course for banks, investment management firms, wealth management firms, third party administrators, law firms, audit firms and consultants
  • Comprehensive learning pack provided
  • The importance of CASS and the FCA’s focus
  • The FCA CASS permissions, relevant principles for businesses and rules
  • Focus on bank and custodian due diligence, with a periodical bank review case study
  • Outsourcing
  • Client money distributions, resulting from pooling events
  • Custody and client money accounting (including the CMAR) and Record Keeping (including the CASS Resolution Pack) with both internal and external client money reconciliations' case studies
  • The impact of the Temporary Permissions Regime on client assets for UK Branches of EEA Firms and the TPCAR
  • Client Asset Assurance Standard and the CASS Auditor
  • National and international initiatives and considerations
  • Management and governance of CASS with a comprehensive case study
  • Accountability and responsibilities of the senior management function SMF18 or SMF22 and CASS oversight certification function
  • A set of questions to test delegates collectively, on their knowledge of CASS


SYSTEMS AND CONTROLS (SYSC)- THEIR APPLICATION

  • A Senior Management Arrangements, Systems and Controls course for investment management firms and wealth management firms
  • Comprehensive learning pack provided
  • Holistic review of the SYSC chapters that apply to investment management and wealth management firms
  • Operational risk strategy, framework and management with a case study for mitigating impact and probability
  • The rules that govern Compliance, Internal Audit and Financial Crime responsibilities
  • The essential oversight for Outsourcing
  • Development of the Conflicts of Interest Policy, application of a Conflicts Register, management of conflicts, segregation of functions and applying Chinese Walls with two case studies for managing the potential conflicts resulting from  Personal Account Dealing and Wall Crossing
  • The Senior Managers and Certification Regime (SMCR) for firms with a SWOT case study  
  • Conduct risk
  • Managing the remuneration for senior managers
  • General organisational requirements
  • Whistleblowing responsibilities
  • Implications for UK Branches of EEA Firms becoming authorised under Part IV of FSMA
  • A quiz to test delegates collectively on their knowledge of SYSC