FourthLine has been providing regulatory compliance services for over 11 years, specifically Client Asset compliance for small, medium and large firms across Asset Management, Wealth, Banking, Insurance and Investment Platforms.
We offer a full suite of solutions for your CASS requirements. These tailored approaches allow our clients to identify CASS vulnerabilities, design and embed mitigating actions, build organisational capability and maintain CASS knowledge & awareness throughout their firms.
Following the Lehman Brothers collapse in 2008, compliance with CASS (Client Assets Sourcebook) has been front and centre of the regulatory landscape.
At its core, CASS is about protecting clients. Its primary rule is that firms must keep client money separate from the firm’s money in segregated client money bank accounts and register the customers’ assets accordingly, ensuring that clients’ money and custody assets are protected should the firm become insolvent.
After over a decade, CASS still presents a huge challenge for firms, evident through continued CASS rule breaches, adverse audits, enforcement and resulting fines.
The CASS landscape changed significantly under PS14/9 and more recently the new focus on CASS audit firms under the FRC Assurance Standard. We have also seen other regulatory changes like MiFID II and the Senior Managers Regime and geopolitical change such as Brexit add to the complexity and cost of CASS compliance.
We have been providing regulatory compliance services for over 11 years, specifically Client Asset Compliance(CASS) for small, medium and large firms across Asset Management, Wealth, Banking, Insurance and Investment Platforms.
After identifying a need for clarity around the ever-changing regulation, as well as access to tools that can support the development of a strong CASS culture in firms, we have developed our first, CASS Firm-Wide Knowledge & Awareness online course.
The creation of this interactive course is an amalgamation of in-depth research and partnership with industry CASS Practitioners to bring you a high-level overview, background to, and key concepts around CASS regulation.
Across four modules, you will be introduced to:Click on the link below to find out more about this course or to request a demo.
2 x In-depth CASS workshops, pre-recorded by Paul McDermott.
5 x CASS "How to" videos
Alex Harris covers 5 key areas in these short CASS videos:
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Click here to request more information about this workshop package
For our clients, it is essential that an effective CASS governance and oversight model is embedded across the firm, starting from the top, coupled with a strong CASS framework containing robust policy, procedures and risk matrices mapped to applicable CASS rules.
FourthLine were contacted by the Chief Operating Officer and Director of Controls at an ...
Read more >The client was an online trading platform based in London that specialises in retail products ...
Read more >Monday 12th October saw the Bank of England (BoE) ...
Read more >Following their first publications of Temporary Guidance for firms between March and ...
Read more >Watch a recording of our webinar in which we interviewed leading ...
Read more >We have successfully worked with FourthLine a number of times this year, and have been impressed not only by the quality of the candidates, but also how well briefed they are.
When we engage with a specialist consultancy like FourthLine... they take the time to understand what we do and what we are looking for.
FourthLine have the personal touch and a greater understanding of the sector, the needs, the people, which means they can compete with the big recruiters.
FourthLine took the time to understand what I wanted and approached the company I was eventually placed with speculatively which is what candidates are looking for
If you’d like to find out more about our courses or discuss the ways in which FourthLine can help your business,
fill in the form below and one of our team will be in touch as soon as possible.
Alternatively, give us a call on 0203 800 1099
Kieran Maplesden
Managing Director
020 3800 1099
kieran.maplesden@thefourthline.co.uk
Gareth Foulkes
Senior Managing Consultant
0203 800 1548
gareth.foulkes@thefourthline.co.uk
Daniel Waltham
Director | Talent Services
020 3800 1558
daniel.waltham@thefourthline.co.uk
0203 800 1099
Ground Floor, 60 Fountain Street,Company Number: 6952875
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