CASS 10 - CASS Resolution Pack

A CASS Resolution Pack (RP) contains a specific set of documents that helps speed up client money and assets return if a firm fails. Firms must maintain a CASS RP if CASS 6 or CASS 7 apply them by virtue of their client assets holdings.

Our CASS 10: CASS Resolution Pack provides a high-level introduction to the CASS Resolution Pack, including why it is required and what needs to be in it

About this Course

Available as part of our FCA Compliance Library.

Learning Objectives

This course will prepare you to:

Understand the need for a CASS RP
List the contents and requirements for the retrieval of documents for the RP
Appreciate the importance of good governance
Know the role of Financial Conduct Authority (FCA) supervision and what happens when firms do not comply with the rules

Course Outline

Welcome

CASS revision

- Principles for Businesses

Why is there a CASS RP?

- What is the CASS RP?
- Who needs a CASS RP?
- You decide: Purpose of the CASS RP

CASS 10 requirements

- Core content requirements
- Deadlines for retrieving documents
- Format of documents
- You decide: Providing documents

Governance & good business practice

- Regular checks
- You decide: Proper governance

FCA approach

- CASS RP in the news
- Bank of New York Mellon London and BNYM International
- One Call Insurance Services Limited
- Charles Schwab UK Ltd
- You decide: Ensuring CASS compliance

Summary

Affirmation

Assessment

Course Specifications

Structure

Approximately 20 minutes followed by a 10-question assessment.

Audience

Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.

Design

SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via client style sheet.

Compatibility

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.