The Financial Resources Requirements Rules for Fiduciary Businesses – Understanding the calculation?

Course Summary

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.


This course will provide practical worked examples on how to calculate Capital Adequacy in accordance with new requirements of The Financial Resources Requirements Rules, 2018.


  • 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

Course Benefits

Following completion of the course participants 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.

Tutor Profile

Will Morgan is an award winning tutor, a qualified accountant and consultant working with clients in Guernsey, Jersey, Dublin and the UK.

He 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.

He is an experienced trainer with exceptional practical knowledge of UK, US GAAP and IAS.

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.

Course at a Glance

  • Next Start Dates: New dates TBA
  • CPD Points: 2
  • Course Cost: £150.00
  • Course Length: 09:00 to 11:00 (2 hours)

There are no dates currently available for this course, If you would like to register your interest please complete the form below:

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