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 Duration 21 hours

Course Outline

Foundations of Compliance and Compliance Risk Management

  • Exploring Compliance and associated risks
    • Identifying critical focus areas
    • Understanding stakeholders for Compliance Officers and Money Laundering Reporting Officers
    • Mitigating risks related to non-compliance

Developing and Administering a Compliance Risk Management Framework

  • Adopting a risk-based management approach
  • Assessing the positive and negative business impacts of such an approach

Compliance and Corporate Governance

  • Defining Corporate Governance
  • Examining its interaction with Compliance
  • Identifying key stakeholders
  • Core Corporate Governance principles
  • The role of Management Committees
  • Applicable Codes and Guidelines
  • The link between Corporate Governance and Financial Crime Prevention

Compliance Controls and Verification Processes

  • Meeting Regulatory expectations
  • Designing a Compliance Monitoring Programme

Additional Financial Crime Considerations

  • Money Laundering and Terrorist Financing – A New Perspective
  • Fraud prevention
  • Data Protection and Information Security
    • Handling Personal and Sensitive Information
    • Implementing Data Protection Policies
  • Bribery and Corruption
    • UK Bribery Act 2010
    • USA Foreign & Corrupt Practices Act
    • Other relevant regulatory areas
  • Post-Brexit implications
  • Market Abuse and Insider Dealing
  • Sanctions enforcement

Financial Crime in International Business, Offshore Centers, and High-Net-Worth Client Segments

  • Why financial criminals target international businesses, offshore centers, and high-net-worth clients
  • Key risks associated with engaging in this business segment

Looking Ahead

  • Current hotspots in Compliance and its Risk Management

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