Course Outline
Institutional Module: The Bedrock of Due Diligence
- A broad perspective on due diligence structures within the financial sector
- Governance models, accountability, and reporting hierarchies
- Coordination with risk management and internal control mechanisms
- Aligning due diligence with organizational strategy and a culture of compliance
Management Module: Leadership and Supervision
- Responsibilities of the board and executive team in overseeing compliance
- Forming compliance committees and establishing accountability systems
- Monitoring performance, managing escalations, and planning corrective measures
- Frameworks for ethical leadership and decision-making
Marketing and Sales Module: Ethical Standards and Client Clarity
- Due diligence during client acquisition and promotional activities
- Addressing conflicts of interest and ensuring transparent disclosures
- Safeguarding data protection and consent in customer interactions
- Overseeing sales practices to mitigate compliance and reputational risks
Technical Module: Operational and Data Diligence
- Tracing data flows and pinpointing sensitive information
- Assessing system controls and cybersecurity readiness
- Incorporating technology risk evaluations into compliance reviews
- Utilizing tools and automation for collecting and reporting due diligence data
Financial Module: Financial Soundness and Risk Evaluation
- Analyzing financial performance, solvency, and liquidity metrics
- Assessing counterparties and suppliers for financial stability
- Preventing financial crimes: AML, CFT, and sanctions screening
- Identifying fraud, conducting internal audits, and spotting red flags
Legal and Regulatory Module: CRS, FATCA, and Global Obligations
- Comprehending Common Reporting Standard (CRS) and FATCA mandates
- Due diligence for tax residency, indicia searches, and self-certifications
- Core legal structures: OECD, MCAA, and local implementation
- Managing penalties, remediation efforts, and reporting duties
Environmental, Health, Safety, and Business Integrity Module
- Integrating ESG principles into due diligence practices
- Ensuring health and safety compliance in financial and operational tasks
- Business integrity policies and anti-corruption strategies
- Reporting sustainability risks and compliance shortcomings
Information Technology Module: Data Governance and Security Adherence
- IT governance structures and digital risk oversight
- Standards for data integrity, retention, and traceability
- Regulatory compliance in digital transformation and AI integration
- Incident response, disaster recovery, and resilience strategies
Integrative Module: Governance, Risk, and Audit Preparation
- Synthesizing due diligence insights across various departments
- Building integrated compliance dashboards and reporting structures
- Readying the organization for external audits and regulatory inspections
- Designing continuous improvement and training roadmaps
Case Studies and Practical Tasks
- Analyzing and categorizing sample client and vendor due diligence files
- Simulating a multi-module risk assessment scenario
- Drafting a corrective action and monitoring strategy
Conclusions and Future Actions
Requirements
- A solid grasp of financial compliance and risk management workflows
- Familiarity with fundamental tax, regulatory, or AML/KYC principles
- Background in client onboarding or governance tasks is advantageous
Target Audience
- Compliance and risk management specialists
- Legal and audit experts
- Operations, finance, and IT managers engaged in due diligence activities
Testimonials (3)
How to manage business financials
surprise mtileni - Hatima Holdings (Pty) ltd
Course - Learning Xero
Flexibility in the course delivery and the interactive approach. The trainer was open to questions, clarified doubts clearly and also considered participants suggestions during the sessions. The training was well structured and informative.
Soundarya Mohan - Mizuho Bank Europe N.V.
Course - Financial Analysis in Excel
Good communication, open for discussion, kept it interesting and engaging
