This course will provide you with an overview of The Financial Resources Requirements Rules, 2018 in reference to fiduciary companies.
Following extensive industry consultation, the GFSC issued the updated Financial Resources Requirements Rules in February 2018, which will focus industry professionals on amending their practical application.These new rules are intended to provide a level of assurance that all full fiduciary licensees are in a sound financial position and able to facilitate an orderly wind down or manage a distressed situation.
Using practical examples the course will cover the following:
- Who does Capital Adequacy apply to?
- Rules for Trust & Fiduciary companies
- The calculation of Capital Adequacy
- Liquidity Resourcing Requirements
- Notifications to the GFSC
- Potential pitfalls
Following completion of the course you will be able to calculate Capital Adequacy in accordance with the Financial Resources Requirements Rules, 2018.
***£150 per delegate or discounted rate of £125 per delegate if booked
together with Capital Adequacy Rules Training *** - totaling £250 per delegate if both courses booked. To take
advantage of the discounted rate for both bookings, please email [email protected] and we will arrange
to book your delegate places.
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.