Critical Financial Rules for GI Brokers FCA compliance

Zoom- Webinar
Thursday, 06 May 2021
10:00 am – 11:00 am
    • Branko Bjelobaba

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 have just released their 4th survey on this plus client money handling arrangements culminating with the Dear CEO letter of 30 September 2020.

Learning objectives - by the end of this webinar delegates will gain insights 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 (incl audits).

It is relevant to general insurance brokers/intermediaries, their insurers and any other market participants. Joining instructions will be sent out shortly before the Zoom webinar begins and all participants will receive a copy of the presentation after the talk.

Speaker bio

Branko Bjelobaba FCII has worked for 33 years across the sector and latterly at PwC and GISC and has led his own consultancy practice for 17 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.

Since the start of the lockdown Branko has provided over 140 separate events for local institutes reaching over 8,500 members and feedback has been resoundingly positive:-

“Branko's webinars are certainly one of the best. He can present quite a dry and relatively boring subject with such a passion and engages his public constantly. His events have very valuable content and presentation materials are well prepared and comprehensive.”

“Branko has energy and enthusiasm and character which led to an engaging presentation. I would definitely sign up and recommend others do too for other topics/webinars led by him.”

“The content was excellent and brilliantly presented - most enjoyable webinar yet.”

“Very informative and well-structured webinar from a very engaging presenter. Well done!”

“Absolutely amazing speaker, coming from CIMA and boring accounting, this was the best presentation I have seen in years! So entertaining and knowledgeable."

CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

1 hour's CPD can be claimed for this event if relevant to your learning and development needs.

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.