Course Description

Compliance Regulatory Professionals course is intended to provide participant with the knowledge and skills needed to understand and support regulatory compliance and enterprise wide risk management. Likewise, to realize how to manage the principles, deal with the rules, the markets, products and transactions, to promote best procedures and international standards that align with business and regulatory requirements.

Course Objectives:

At the end of course, delegates will be able to:

• Develop a good understanding of compliance principles, responsibilities, objectives and role of regulation
• Know the concept of Compliance and the efforts being made to manage the risk related to it
• Assess the skills required to approach compliance and its related functions with confidence
• Identify and understand compliance risks, and the consequences of noncompliance, to mitigate effectively the risk of compliance breaches
• Evaluate an appropriate Compliance Manual, compliance programs to fight money laundering practices, and to apply Corporate Governance rules
• Create a compliance culture and Protect the organization’s reputation
• Differentiate the relationship between Compliance and Corporate Governance
• Determine best strategies to help managers and prevent risk within your firm

Course Outline:

• An Overview of the Regulatory Environment
• The Objectives of Financial Services Regulation
• International Regulation
• The Role of the Regulators
• What do the Regulators expect?
• Your Jurisdiction Environment
• The Best Practice in Regulatory Obligation
• ISO 19600: Compliance Management Systems
• Compliance Structure
• The Role of the Board of Directors, the Supervisors, the Internal and External Auditors
• Responsibilities of the Compliance Officer
• Key Compliance Activities and Processes
• Compliance and Corporate Governance
• Corporate Governance and Financial Crime Prevention
• Compliance Training
• Conflicts of Interest
• On-going Compliance with Laws and Regulations
• Understanding a Risk Management Approach
• Creating a Risk Management Approach
• The Definition of Governance, Risk and Compliance
• The Need for Internal Controls
• Identify, Mitigate and Control Risks Effectively
• Approaches to Risk Assessment
• The Importance of Compliance Culture
• Managing Key Relationships – external and internal
• Understanding Money Laundering Offences
• MLRO and Compliance Officer
• The Risk-based Approach to Money Laundering / Terrorist Financing
• Suspicious Activity Monitoring, Detection and Reporting
• Preventing Fraud
• Bribery and Corruption
• Insider Trading
• Market Abuse
• Sanctions and their Role in the Global Economy
• Factors to be Considered in Designing a Compliance System
• Developing an Internal Compliance System
• Implementing and Communicating Internal Compliance Arrangement
• Compliance Manual
• Establishing Policies and Procedures
• Creating a Compliance Monitoring Programme
• The Need for Independence
• Record Keeping of Compliance Reports
• Managing the Regulators and Change in Regulations

Who Should Attend?

• Compliance Officers / Managers and their Deputies
• Managers with responsibility for internal compliance controls
• Legal, Audit, Risk, Operations and IT Specialists
• Risk Managers
• Staff working in risk functions
• Internal & External Audit Staff
• Regulatory Representatives
• AML Officers
• Accountants
• Lawyers
• All Staff working in or aspiring to work in the compliance area

Delivery method: This will include combine lectures, discussions, group exercises and illustrations. Participants will also understand the theoretical and practical knowledge of the topic.

Venue: 

Fee:  

Duration: 1 week

Course Date: September 12th – 16th, 2022