The Chartered Accountants Compensation Scheme (CACS) Committee, is responsible for considering claims for compensation arising from investment business conducted by authorised / licensed firms under ICAEW's Investment Business Regulations and Designated Professional Body (Investment Business) Handbook.
The committee is looking to appoint three non-accountant members to the committee for a three year term starting 4 June 2019.
Applicants will need to have a strong investment business background, preferably in compliance, with a good knowledge of the Financial Services & Markets Act 2000 and Financial Services Act 1986. Experience in collaborative decision making, ability to analyse information and make decisions is also a criteria.
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This is a great article to know about CACS. Chartered Accountants Compensation Scheme Ltd administers the scheme on behalf of the three institutes and they each bear a proportionate amount towards the costs. Get More Info It is really informative.