Fide Consulting

CASS 6 Custody Assets Training

Introduction

28 lessons · 45 min

Module 1

Introduction

Module 2

Financial Conduct Authority

FCA Principles

What is Client Assets

When does CASS apply to a firm

Consequences of non-compliance

Module 3

Custody Assets

CASS 6 Custody Assets

CASS 6 Application

Holding custody assets key requirements

Depositing assets with third parties

Depositing assets with third parties due diligence

Depositing assets with third parties agreements

Records and accounts key principles

Overview of custody reconciliations

Reconciliation frequencies

Internal custody record checks

Internal custody reconciliation method

Custody assets reconciliation discrepancies example

Internal system evaluation method (ISEM)

ISEM common pitfalls

Physical asset reconciliation

External custody asset reconciliation

Custody asset reconciliation discrepancies

Custody shortfalls

Asset registration

Custody asset registration hierarchy

Case study

Module 4

Conclusion

Thank You

Module 1 · Lesson 1

Introduction