The Financial Reporting Council has issued a new standard for CASS audits effective for audit periods beginning on or after 1 January 2016. This requires CASS firms to produce a documented control framework showing, for each relevant CASS rule, the control objective, the control, evidence of operation and monitoring controls.
This seems to be a massive project. Have any Forum members had experience of this? Do they have any useful information on how they went about it which they are willing to share with other Forum members.
Synergy Financial Products Limited
You must be logged in to reply to this topic.