We can run this course inhouse or privately just for you and your colleagues.
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About the Course
This training course equips support staff in banks' Legal, Compliance, Monitoring, and Audit teams with the knowledge and tools to monitor, advise, and audit compliance with the CASS regime. Participants will learn the regulatory requirements, the three lines of defence, and best practices for scoping and managing CASS risks.
The aim of this training course is to provide participants with an understanding of the CASS regime and the role they play in ensuring compliance with the regulatory requirements. Participants will gain an appreciation of the key principles of CASS and learn how to apply these principles in their day-to-day work. The course will provide practical guidance on how to monitor, support, advise, and audit the business's compliance with the CASS regime. By the end of the course, participants will have a clear understanding of their responsibilities and be equipped with the tools and knowledge to carry out their roles effectively.
Course Outline
The Client Assets Sourcebook (CASS) regime is a critical area of regulatory compliance for banks and other financial institutions. To ensure compliance with the CASS regime, firm's Legal, Compliance, Monitoring, and Audit teams play a vital role in monitoring, supporting, advising, and auditing the business's compliance with regulatory requirements.
Our training course provides participants with a comprehensive understanding of the CASS regime and their role in managing CASS risks. Participants will gain insights into the regulatory objectives of the CASS regime, the role of the three lines of defence, and the differences in regulatory expectations for small, medium, and large firms.
Our course will cover best practices for scoping and managing CASS risks, including risk-based scoping, sample selection, and testing methodologies. Participants will also learn why relying solely on external audits to manage CASS risks is insufficient and identify alternative approaches.
Throughout the course, participants will have the opportunity to apply their knowledge through interactive case studies, role-play, and practical exercises. They will also develop essential skills in effective communication and stakeholder engagement to manage CASS risks successfully.
By the end of the training course, participants will be equipped with the knowledge and tools to carry out their roles effectively and ensure compliance with the CASS regime. They will also have a clear understanding of their responsibilities and the regulatory framework within which they operate.
Required Knowledge and Skills
The aim of this training course is to provide participants with an understanding of the CASS regime and the role they play in ensuring compliance with the regulatory requirements. Participants will gain an appreciation of the key principles of CASS and learn how to apply these principles in their day-to-day work. The course will provide practical guidance on how to monitor, support, advise, and audit the business's compliance with the CASS regime. By the end of the course, participants will have a clear understanding of their responsibilities and be equipped with the tools and knowledge to carry out their roles effectively.
About Your Trainer
Raj Rajani
Rajeshri isn't your average trainer. For over three decades, she's been a financial guardian, wielding her expertise as a Chartered Accountant to ensure client assets are protected. Her career has seen her navigate the ever-changing landscape of financial regulations, particularly the FCA's CASS rules.
Having honed her skills at leading firms like Price Waterhouse, Rajeshri brings a wealth of practical experience. She's tackled complex situations, from safeguarding client funds in high-profile investigations to advising firms on robust CASS compliance procedures. Her work with the SFO and FCA means she understands the regulatory landscape from both sides, giving you invaluable insights into best practices.
But Rajeshri isn't just about theory. She's built and run her own successful accounting practice, where safeguarding client assets was paramount. This hands-on experience allows her to translate complex regulations into practical solutions you can implement immediately.
Now, Rajeshri shares her expertise in the training room. This isn't a dry recitation of rules; it's a dynamic workshop informed by real-world challenges. You'll gain a deep understanding of the CASS rules, practical strategies to mitigate risk, and the insider knowledge to identify potential breaches before they happen.
Don't miss this opportunity to learn from a seasoned professional with a proven track record in protecting client assets. Rajeshri's training is an investment in the future of your firm's compliance and client trust.