The Client Assets Sourcebook (CASS) outlines a firm's duty to separate its assets from a client's and safeguard these assets. CASS rules cover client money and client assets.
Client money and client assets (also known as safe custody assets) are held or received by a firm in connection with its investment business. Client money refers to money for investments, while client assets are non-cash assets.
Our CASS for Client Money and Client Assets Course explains the FCA's rules for administering these client assets with a focus on custody and client money rules.
Available as part of our FCA Compliance Library.
This course will prepare you to:
- Exercise: Structure of the client asset rules
- When money ceases to be client money
- What do you think is client money?
- You make the call: Is this client money?
Approximately 35 minutes followed by a 10-question assessment.
Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.
SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via client style sheet.
All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.
Fully customisable on Skillcast Portal CMS.
Pre-translated versions not available, but all text content can be exported for translation into all languages.
Based on UK legislation, but suitable for global audiences upon the removal of UK-specific references and translation as necessary.