This interactive and engaging eLearning module provides a comprehensive introduction to the FCA’s Client Money and Assets (CASS) rules.
It explains why some firms hold client money and assets, and why this aspect of regulation has become such a focus for the FCA, including examples of action taken by the regulator when firms have breached the rules. It provides an overview of some of the specific obligations on firms that hold client money or assets, including the need for strict segregation of client and firm money and assets, as well as the rules relating to documentation and reconciliation.Finally, it explores the specific governance requirements the FCA places on CASS firms.
- Why do Firms Hold Client Money or Assets?
- When Things Go Wrong
- The CASS Rules
- Registration of Assets
Key features of our eLearning include: