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Finance, Accounting & Tax, Investments & Funds

Control and Oversight Relationships

Course details

CPD Points

4

Cost

£225

Length

Half day (09:00-13:00)

Course Overview

There are numerous outsourced relationships in Guernsey within both the fund and trust sectors. This course looks at investigating and managing those relationships.

Service level agreements are a key tool when managing relationships. This course examines why this is so, and the protection and clarity that can be provided for both parties as a result.

Course Content

This course takes the form of a workshop where you will be given a series of scenarios to discuss and provide solutions on.

Regulations

  • Standard Guernsey fund model
  • GFSC requirements
  • Impact of regulation

Outsourced environments and case studies

  • Principal manager
  • Designated manager

Monitoring

  • How to monitor the relationship
  • Techniques/review
  • Documentation/follow up

Reviewing NAVs and sample selection

  • Reviewing NAVs
  • Understanding client systems
  • Sampling

Due diligence visits

  • Due diligence overview
  • Pre questionnaires
  • Types of control


Course Benefits

The objective of this course is to provide you with a deeper understanding of the oversight environment in Guernsey and you will investigate both the regulatory and the practical process of an outsourced relationship.

The course is suitable for those working within the fund industry in Guernsey involved in an activity that has been outsourced. Typically this would be either fund administration and/or accounting functions.

Using actual examples and case studies, you will focus on the key components of implementing effective relationship management. The morning will be highly interactive with a number of group exercises.

Following the course, you should be able to take practical outsourced management skills back to the workplace.

Next Steps

If you would like to book a place on this course please click on the ‘Book Course’ button to the right of this page and login or register for a user account to complete your booking(s). Any queries please do not hesitate to contact us via [email protected] or call us on 01481 721555.

If no date is scheduled for this course at the present time please click on the ‘Register Interest’ button and login or register for a user account so that we can add you to our course interest register. This register allows us to contact our tutors and finalise dates for a course as soon as we have a few people who have expressed their interest, so the more delegates who register their interest, the sooner we can schedule a particular course.

Course Tutor

  • Will Morgan

    Will Morgan is an award-winning tutor, a qualified accountant and consultant working with clients in Guernsey, Jersey, Dublin and the UK. Will founded Offshore in 2007 along with partner John Richardson to provide accounting, training and consulting solutions to numerous regulated and commercial clients in a wide variety of industries.

    Will is an experienced trainer with exceptional practical knowledge of accounting standards. Will’s training has been adapted over the years based on the work he has undertaken in the Channel Islands, understanding the practical skills that professionals need, rather than theoretical concepts. His classes are highly interactive; sometimes amusing and always engaging.

Upcoming Courses

Some courses we run are scheduled based on demand. Please ensure you register your interest to ensure we know which courses you would like to attend.