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 Duration 21 hours

Course Outline

Foundations of Compliance and Managing Compliance Risk

  • Grasping Compliance and the associated risks
    • Key areas of focus
    • Stakeholders of Compliance Officers and Money Laundering Reporting Officers
    • Mitigating and understanding the risks of non-compliance

Building and Maintaining a Compliance Risk Management Framework

  • Comprehending the Risk-Management approach
  • The positive and negative business impacts of implementing a Risk-Management approach

Compliance and Corporate Governance

  • Defining Corporate Governance
  • The intersection of Corporate Governance and Compliance
  • Key stakeholders
  • Principles of Corporate Governance
  • Management Committees
  • Codes and Guidelines
  • Corporate Governance and the prevention of Financial Crime

Compliance Controls and Audits

  • Regulatory expectations
  • Establishing a Compliance Monitoring Program

Additional Financial Crime Considerations

  • Money Laundering and Terrorist Financing – A new perspective
  • Fraud
  • Data Protection and Information Security
    • Personal and Sensitive Information
    • Data Protection Policies
  • Bribery and Corruption
    • UK Bribery Act 2010
    • USA Foreign & Corrupt Practices Act
    • Other areas for consideration
  • The impact of Brexit
  • Market Abuse and Insider Dealing
  • Sanctions

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

  • Reasons why financial criminals target International Business, Offshore Centers, and High-Net-Worth clients
  • Major risks involved in conducting such business

Future Outlook

  • Current hotspots in Compliance and Risk Management…

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