Course Outline
Institutional Module: The Foundations of Due Diligence
- An overview of due diligence structures within financial institutions
- Governance architectures, accountability lines, and reporting channels
- Alignment with risk management and internal control mechanisms
- Aligning due diligence efforts with organizational strategy and a strong compliance culture
Management Module: Leadership and Oversight
- The responsibilities of boards and executives in supervising compliance
- Setting up compliance committees and robust accountability mechanisms
- Tracking performance, escalating issues, and planning corrective actions
- Fostering ethical leadership and sound decision-making frameworks
Marketing and Sales Module: Ethical Conduct and Client Transparency
- Applying due diligence in client acquisition and marketing efforts
- Handling conflicts of interest and ensuring transparent disclosures
- Safeguarding data protection and obtaining proper consent in client communications
- Monitoring sales practices to mitigate compliance and reputational risks
Technical Module: Operational and Data Due Diligence
- Mapping data flows and pinpointing sensitive information
- Assessing system controls and the overall cybersecurity stance
- Incorporating technology risk evaluations into compliance reviews
- Leveraging tools and automation for collecting and reporting due diligence data
Financial Module: Financial Integrity and Risk Analysis
- Evaluating financial performance, solvency, and liquidity metrics
- Assessing the financial stability of counterparties and suppliers
- Preventing financial crimes through AML, CFT, and sanctions screening
- Identifying fraud, conducting internal audits, and recognizing red flags
Legal and Regulatory Module: CRS, FATCA, and Global Compliance Obligations
- Comprehending the requirements of the Common Reporting Standard (CRS) and FATCA
- Conducting due diligence on tax residency, searching for indicia, and verifying self-certifications
- Navigating key legal frameworks, including OECD guidelines, MCAA, and local implementations
- Managing potential penalties, remediation strategies, and reporting duties
Environmental, Health, Safety, and Business Integrity Module
- Weaving ESG considerations into due diligence practices
- Ensuring health and safety compliance across financial and operational activities
- Implementing business integrity policies and anti-corruption safeguards
- Reporting on sustainability risks and identifying compliance gaps
Information Technology Module: Data Governance and Security Compliance
- Establishing IT governance frameworks and managing digital risks
- Adhering to data integrity, retention, and traceability standards
- Maintaining regulatory compliance during digital transformation and AI adoption
- Planning for incident response, disaster recovery, and operational resilience
Integrative Module: Governance, Risk, and Audit Readiness
- Synthesizing due diligence findings across various departments
- Building integrated compliance dashboards and reporting structures
- Getting ready for external audits and regulatory inspections
- Formulating plans for continuous improvement and ongoing training
Case Studies and Practical Exercises
- Reviewing and categorizing sample client and vendor due diligence files
- Simulating complex, multi-module risk assessment scenarios
- Formulating corrective action and monitoring plans
Summary and Next Steps
Requirements
- A solid grasp of financial compliance and risk management workflows
- Basic familiarity with tax regulations, regulatory frameworks, or AML/KYC principles
- Background experience in client onboarding or governance roles is an advantage
Target Audience
- Compliance and risk management specialists
- Legal and audit experts
- Managers in operations, finance, and IT who are involved in due diligence processes
Testimonials (4)
How to manage business financials
surprise mtileni - Hatima Holdings (Pty) ltd
Course - Learning Xero
Good communication, open for discussion, kept it interesting and engaging
Ahmet Keyman - Keytrade AG
Course - Management Accounting and Finance for Non-Finance Professionals
Experience of the trainer and his way of conveying the content
Roggli Marc - Bechtle Schweiz AG
Course - FinOps
The trainer did not leave a single minute unexploited! He was up a storm throughout every lesson and provided much material for whatever he dealt with.
