In the Spring edition of FE & HE Digest, we look below at the following topics:
- Subcontracting Standard.
- Verification of Identity.
- Changes to standing data.
- ESG in education.
- Cyber Security arrangements – common weaknesses and how to address them
- Wealth Cash Service
![FE Digest Jan 5 789x443](https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-5-789x443.jpg?w=400&h=225&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.6724&fp-y=0.5045&dm=1707410553&s=a25a22cf0b716494de014c63077eb892 400w, https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-5-789x443.jpg?w=600&h=338&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.6724&fp-y=0.5045&dm=1707410553&s=80f64e3a6761cbcdaebe51009c0f9bc2 600w, https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-5-789x443.jpg?w=787.55555555556&h=443&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.6724&fp-y=0.5045&dm=1707410553&s=1781d911a6010ca16db0480b8cb1e90e 787w, https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-5-789x443.jpg?w=786.85612788632&h=443&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.6724&fp-y=0.5045&dm=1707410553&s=95f7578fd682f32fa453b570c66723f8 786w)
Articles from the Spring 2024 edition
![FE Digest Jan 6 789x443](https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-6-789x443.jpg?w=400&h=225&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5339&dm=1707416688&s=358faacaf804c66da9dc56ed9e234597 400w, https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-6-789x443.jpg?w=600&h=338&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5339&dm=1707416688&s=394e6c4484aa594dd17c639ac95c5e0b 600w, https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-6-789x443.jpg?w=787.55555555556&h=443&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5339&dm=1707416688&s=bb0afc5474ae364d5e2b9a51fb540648 787w, https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-6-789x443.jpg?w=786.85612788632&h=443&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5339&dm=1707416688&s=441de580a5467ce4815d662401950fa9 786w)
Changes to standing data
In 2023 the ESFA and Charity Commission both released guidance alerting Education Institutions to the ever increasing number of frauds that are occurring.
![FE Digest Jan 3 789x443](https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-3-789x443.jpg?w=400&h=225&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5&dm=1707416679&s=4af264a4383d5fe4c2013eff91b1550f 400w, https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-3-789x443.jpg?w=600&h=338&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5&dm=1707416679&s=a17b7bfebd56541fe4a8ab985ca154f6 600w, https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-3-789x443.jpg?w=787.55555555556&h=443&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5&dm=1707416679&s=8692713a7174fe140d02642e6d000d56 787w, https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-3-789x443.jpg?w=786.85612788632&h=443&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.5&fp-y=0.5&dm=1707416679&s=ddd3ac0d9943ceeb51b5b68f08f25f65 786w)
ESG in Education
Many educational institutions have already begun their Environmental, Soical and Governance journey.
![FE Digest Jan 2 789x443](https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-Jan-2-789x443.jpg?w=400&h=225&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.4975&fp-y=0.5181&dm=1707416650&s=024b7525c17223f939814b9c48ef2245 400w, https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-Jan-2-789x443.jpg?w=600&h=338&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.4975&fp-y=0.5181&dm=1707416650&s=1be8f73f2b748f1da59a2c99d61641bf 600w, https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-Jan-2-789x443.jpg?w=787.55555555556&h=443&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.4975&fp-y=0.5181&dm=1707416650&s=ab0aa50a5f7d8f8a7876365f80bcf257 787w, https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-Jan-2-789x443.jpg?w=786.85612788632&h=443&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.4975&fp-y=0.5181&dm=1707416650&s=4b2f31b4871fdcf12b15680e189cbdc8 786w)
Cyber Security arrangements – common weaknesses and how to address them
MHA’s Internal Audit teams have carried out a number of Cyber Security and IT Health-check reviews.
![FE Digest Jan 1 789x443](https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-1-789x443.jpg?w=400&h=225&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.4962&fp-y=0.5361&dm=1707416709&s=f71ae5992ba2f1e3148c82beeacd5fe0 400w, https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-1-789x443.jpg?w=600&h=338&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.4962&fp-y=0.5361&dm=1707416709&s=ef9ccf84d5679e86d2525b31263e5730 600w, https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-1-789x443.jpg?w=787.55555555556&h=443&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.4962&fp-y=0.5361&dm=1707416709&s=403d7b4667fdc7b8f75de4e40bc108c0 787w, https://optimise2.assets-servd.host/mac-hud/production/FE-Digest-1-789x443.jpg?w=786.85612788632&h=443&q=80&auto=format&fit=crop&crop=focalpoint&fp-x=0.4962&fp-y=0.5361&dm=1707416709&s=2db4acf2715d80eb9aa0518d3a50e688 786w)
Wealth Cash Service
With rising interest rates making cash-based deposits more attractive in recent years, savers and investors are looking for ways to make their money work harder.