PIMFA
Before the FCA initiates a Section 166 review of your firm’s approach to CASS, the regulator typically takes several preliminary steps to assess your firm’s compliance and risk profile. Yet for many firm’s the regulators actions before a s166 is triggered, remain a mystery.
In this 60-minute webinar, we unpick the crucial steps leading up to a Section 166 notice, demystifying the key processes and interactions the FCA undertakes before a review of a firm’s approach to CASS is initiated.
To avoid a painful and costly review of your CASS governance and oversight arrangements, our panel our experts discuss:
1. How the FCA is conducting routine supervisory activities on your approach to CASS in 2024.
2. How the regulator uses data from regulatory submissions and reports to assess and manage your firm’s CASS risks.
3. How a firm’s CASS compliance breaches informs the FCA’s decision-making process.
4. How to identify and assess issues that could lead to a s166 review of your firm’s CASS culture, governance, and organisational arrangements.
5. How to proactively use market intelligence, thematic reviews, and inspections to eliminate weaknesses in your CASS environment.
