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Course Outline

Fundamentals of Compliance and the Management of Compliance Risk

  • Comprehending Compliance and its associated risks
    • Identifying critical areas of focus
    • Stakeholders involved for Compliance Officers and Money Laundering Reporting Officers
    • Understanding and mitigating non-compliance risks

Developing and Managing a Compliance Risk Management Framework

  • Grasping the Risk-Management methodology
  • Analyzing the positive and negative impacts of implementing a Risk-Management Approach on the business

Compliance and Corporate Governance

  • Defining Corporate Governance
  • Exploring its interaction with Compliance
  • Identifying key Stakeholders
  • Core principles of Corporate Governance
  • Functioning of Management Committees
  • Relevant Codes and Guidelines
  • The link between Corporate Governance and Financial Crime Prevention

Compliance Controls and Verification

  • Regulatory expectations
  • Establishing a Compliance Monitoring Programme

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 relevant areas
  • Impact of Brexit
  • Market Abuse and Insider Dealing
  • Sanctions

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

  • Reasons financial criminals target International Business, Offshore Centres, and High-Net-Worth clients
  • Major risks associated with this type of business

Future Outlook

  • Current hotspots in Compliance and Risk Management…?
 21 Hours

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