1 and 2 March 2023, remote delivery
9:30am to 12:00pm each day.
Course fees: £395.00 + vat per person
Savings for multiple registrations
The FCA views client money handling by general insurance intermediaries as a key risk, central to consumer protection and managing wholesale conduct risk. But the Client Assets rules (CASS 5) are complex and continue to be a source of misunderstanding, especially for smaller brokers. Rigorous supervision continues to reveal breaches and enforcement action has ramped up against both small and large firms, and executives within them. In 2020 the FCA issued a Dear CEO letter outlining their concerns and in July 2021 a further letter made it clear that the FCA suspected “more widespread non-compliance”.
The aim of CASS is to protect clients, but the rule based regime means it all too easy to unwittingly create technical breaches
This is a forum to analyse and explore CASS 5, and discuss the practical application of a rule based “zero tolerance” regime. The significant enforcement actions are also discussed.
Attending will enable you to:
This event will be of value to Directors and Senior Managers with client money responsibilities (direct or oversight), Accounting staff and supervisors, Compliance officers and Internal Auditors.
This programe will be delivered live, online using complemented by comprehensive support notes and handouts. Extensive use will be made of case studies and exercises and participant numbers will be limited for quality purposes.
The course comprises two x two hour sessions delivered over consecutive mornings.
John Constable has nearly 30 years' training experience with both insurers and brokers. He was Head of People Development at JLT where he engineered a number of critical projects to support the business, including the development and implementation of robust structures, policies and procedures to comply with regulatory requirements for Training & Competence. Alongside 16 years of regulatory and specific client money training, he runs, risk, strategy, governance and financial training, bringing commercial awareness, credibility and pure energy, to open courses, bespoke in-company works, board briefings and individual coaching. In addition, John has authored industry on-line learning and his published articles have included several on Solvency II, operational risk management and financial crime. John has a BA (Hons) in History from Kings College London, holds a financial qualification from the Open University, a Diploma in Management from Henley Management College and is a Member of Chartered Institute of Personnel and Development.
Session 1
Session 2
Session 3
Session 4
This course can be delivered in-house at a time and location to suit your business and tailored to suit your people and organisation. We can also create bespoke training when something very specific is needed.Please contact us to discuss your requirements in more detail and at no obligation.