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.

Description

In this comprehensive and interactive webinar, Branko Bjelobaba FCII 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 (including covid cover), and the onerous client money handling rules under CASS 5.

Gain an insight into

• 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 (including audits).

Speaker

• Branko Bjelobaba FCII, Senior Consultant on FCA Compliance, Branko Limited

Since the start of the lockdown Branko has provided over 100+ CPD events reaching 8,500+ members.

Audience

This webinar is relevant to general insurance brokers/intermediaries, their insurers, and any other market participants.