Protecting Customers’ Monies and Assets

Course level : Short courses

The fees for this course will increase slightly on 1 July 2023. Enrol before this date to pay the current price.

Recent high profile fraud cases and continued regulatory scrutiny have highlighted the importance of understanding the key principles of safeguarding customers’ monies and assets. The rules are complex and you need the right skills to apply them effectively.

This course covers this technical area in an accessible, easily understandable way.

What will I learn?

By the end of the course, you will be able to:

Understand the key principles in managing customer monies and assets effectively
Discover why insolvency drives the need to protect customers
Learn why company and customer monies should be separated, as well as how and what to separate
Explain the basics for good organisational arrangements and understand the fundamentals of banking and custodian relationships
Describe the basics of registration and recording of legal titles and the importance of segregation and the role of diversification
Know the steps to take when reconciling accounts and understand how to protect monies and assets during transactions.

Is this course right for me?

This practical, knowledge-based course is ideal for:

Anyone in a supervisory first-line role with responsibility for processes that handle client money including those at outsourced administrators  
Those in business control teams, compliance advisory and compliance monitoring staff with oversight of client money and custody operations 
Internal audit staff 
Managers and senior staff who want to be more familiar with their regulatory risks under SM&CR (or equivalent regimes), including the CASS oversight officer

Course format

Self-paced online (you will have access to the course for 1 month)
End of course quiz to test your understanding
Downloadable certificate of completion

Download course outline

We have full syllabi available for all of our qualifications. Click here to download this course outline.

Course fees


per currency depending on location
GBP	200
EUR	220
USD	260

Course fees stated exclude VAT or local tax, this will be added to your basket at the checkout if applicable.

Exclusive Qualification Discount for ICA Professional and Fellow Members
All ICA Professional and Fellow members are entitled to discounted rates on subsequent qualifications they choose to enrol on: