About the Course
Learn how to ensure compliance with the Client Assets Sourcebook (CASS) regulations in financial services operations. Identify key processes, roles, and relationships for success.
Duration
90 minutes
Course Aims
To provide participants with a comprehensive understanding of the Client Assets Sourcebook (CASS) regulations and their importance in the financial services industry.
To enable participants to identify the key CASS operations processes and understand the roles and responsibilities of those involved in these processes.
To equip participants with the knowledge and skills necessary to effectively manage relationships with key stakeholders involved in CASS-related processes.
Learning Outcomes
The Client Assets Sourcebook (CASS) regulations are critical for ensuring the protection of client assets in the banking industry. This training course is designed to provide operations professionals with a comprehensive understanding of CASS operations processes, roles and responsibilities, and relationships that are key to ensuring compliance and operational success.
Through interactive exercises, case studies, and discussions, participants will gain a thorough understanding of the purpose and scope of CASS regulations, and how non-compliance can impact clients, the firm's reputation, and regulatory consequences. Participants will learn best practices for managing relationships with key stakeholders involved in CASS-related processes, including clients, internal teams, and regulatory bodies.
Our course covers key CASS operations processes related to segregation, reconciliation, client money and asset protection, and how they relate to each other. Participants will also learn about the reporting requirements for CASS compliance and how to ensure accurate and timely reporting.
By the end of the course, participants will have a solid understanding of their individual roles and responsibilities in relation to CASS compliance, and how to effectively collaborate with other stakeholders to ensure compliance. They will also be able to identify areas for improvement in their own CASS-related processes and develop action plans to address these areas.