CASS Compliance in Practice - The Advanced Client Money & Custody Workshop

Introduction

This live and interactive advanced workshop is intended for practitioners who already have a working knowledge of the client money and custody rules and who are responsible for overseeing, challenging and assuring CASS compliance within their firm.

The session concentrates on the application of the CASS framework in more complex operating models, where segregation and reconciliation processes are carried out by finance or operations teams and oversight functions must assess control effectiveness, identify emerging risks and exercise informed regulatory judgement.

Using case studies, polling and facilitated discussion, the workshop examines common weaknesses observed in established CASS arrangements, including recurring reconciliation issues, reliance on third parties, gaps between documented frameworks and actual practice, and deficiencies in evidence and escalation.

By the end of the session, delegates will have a clearer understanding of what constitutes effective CASS oversight and will be able to identify practical actions to strengthen assurance, evidencing and regulatory readiness.

What you will learn

This live and interactive course will cover the following:

• Apply the CASS framework to complex operating models from an oversight and assurance perspective
• Review and challenge segregation and reconciliation processes without re-performing them
• Identify early warning indicators and recurring weaknesses in mature CASS arrangements
• Assess whether controls are operating effectively, beyond the existence of policies and procedures
• Evaluate third-party and outsourced arrangements from an oversight perspective
• Apply judgement when determining whether issues identified through oversight constitute breaches and require escalation
• Understand what constitutes proportionate and defensible evidence of CASS oversight
• Identify practical enhancements to strengthen assurance and preparedness for audit and FCA review

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.