CPD WEBINAR – Critical financial rules for GI brokers’ FCA compliance
This comprehensive and interactive webinar will focus on the critical financial aspects of FCA rules – overall business solvency (compliance with adequate resources Threshold Condition 2.4), professional indemnity requirements/limits/issues (incl Covid cover) and the onerous client money handling rules under CASS 5.
The FCA has had deep concern with brokers’ financial resilience and has issued several surveys on this plus client money handling arrangements culminating with the Dear CEO letter of 30 September 2020.
Learning Objectives
What are the FCA’s concerns – the financial resilience and client money surveys;
Solvency and meeting adequate resources TC2.4;
Professional Indemnity Insurance – issues and limits;
CASS 5 – what is client money, how Risk Transfer can go wrong, what are monies held at third parties and what actually do you need to do to comply (incl audits).
It is relevant to general insurance brokers/intermediaries, their insurers and any other market participants.
About the speaker:
Branko Bjelobaba FCII has worked for 32 years across the sector and latterly at PwC and GISC and has led his own consultancy practice for 16 years. He works closely with BIBA (and has published its compliance manual since 2004) and the CII and has provided many well-received (even entertaining!) training events throughout the UK. He is a recipient of the Thomson Reuters Compliance Personality of the Year Award and the London Market People Award for Legal and Compliance.
Eclipse Archives Industry Insight Popular
What’s your mastermind subject?
I’m here to talk branding. Anyone who knows me knows it’s my Mastermind subject. And, if you don’t know me, I’m Natalie Bell, [...]
Eclipse Archives Industry Insight Latest News Popular
URGENT: LTA Abolition
HMRC kindly issued a newsletter on 4th April advising clients to delay taking their pension benefits or transferring until it can fix incorrect [...]
Group News
Say hello to our trainers!
As part of our ongoing commitment to excellence, we’ve recently welcomed an awesome duo to our training dream team. We introduced a new [...]
Latest News Popular Press
Spring Budget 24
The spring budget comes and goes with no major changes to the world of financial planning. There are however some announcements and changes [...]
Eclipse Archives Group News Latest
Common ‘Training’?
I can’t get Pulp’s ‘Do You Remember the First Time’ out of my head. I’m pretty sure that Jarvis had other things on [...]
Eclipse Archives Industry Insight Latest
Stellar Compliance
You may have spotted that this week we hosted our monthly TALK event, and this month we were joined by Gillian Hepburn, Benchmark, [...]
Group News Latest
And who do we have here?
We have yet more exciting internal news to share, following a shake-up in a section of our client relations department – with two [...]
Group News Latest News Press
In the press
It’s been a busy January so far! We’ve had a few of our team speak with some press about some hot topics in [...]