CASS – Managing Client Money and Assets: 1 Day Course – ResearchAndMarkets.com

The “CASS
– Managing Client Money and Assets” training has been added to ResearchAndMarkets.com’s
offering.

This very practical 1 day course conducted by an expert with over 20
years of experience within the sector will provide a thorough overview
of the CASS regulation, its scope and requirements and prepare
participants to effectively comply with it.

You will learn about the principles of clients’ money and asset
protection, how to segregate and hold funds and keep records. You will
also learn about the reporting requirements and how to set up all the
processes and operations in order to stay compliant.

The collapse of Lehman Brothers exposed a multi-billion shortfall in
segregated client accounts, forcing much stricter rules on how a firm
should separate client money from its own cash.

In 2014 the FCA reviewed the client assets regime and made material
changes to the rules. The aim was and is to continue to offer better
protection and speed up the recovery of client assets if the business
collapses.

The subject of Client money and Client assets remains high on the FCA’s
agenda, actions against firms continue to be taken by the FCA. Most
notably the 126 million fine of a US banks London branch for failure to
segregate client and company cash. Fines and their reputational damage
aside, the new rules post significant commercial and operational
challenges.

By the end of this course you will learn about:

Key Topics Covered

For more information about this training visit https://www.researchandmarkets.com/research/3cvvjg/cass_managing?w=4

Did you know that we also offer Custom Research? Visit our Custom
Research page to learn more and schedule a meeting with our Custom
Research Manager.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180712005803/en/

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