Webinar: A Beginner’s Guide to FERN 3 – Velonetic’s Central Processing Subscription Agreement (CPSA) 2026

The LMA invites you to A Beginner’s Guide to FERN 3: Velonetic’s Central Processing Subscription Agreement (CPSA), a webinar providing an introductory overview of FERN 3/CPSA, how it has evolved from FERN 2 and what managing agents can expect from the updated arrangements.

Joe Brace and Ray Koh will outline the key steps managing agents will need to take to complete the collective Material Outsourcing Notification and sign-off process for the updated Velonetic contract, alongside the market governance underpinning the service.

By the end of the session, attendees will have a clearer understanding of FERN 3/CPSA, the timelines and actions required and the governance framework supporting it.

Speakers

• Joe Brace, Operations Director, LMA
• Ray Koh, Legal Counsel, LMA

Audience

This webinar is open to legal, regulatory and operations practitioners, including those interested in FERN 3.

Full LMA members only.

We look forward to seeing you.