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 Duration 21 hours

Course Outline

Fundamentals of Compliance and Compliance Risk Management

  • Grasping Compliance and its associated risks
    • Key areas of focus
    • Identifying stakeholders for Compliance Officers and Money Laundering Reporting Officers
    • Recognizing and mitigating non-compliance risks

Developing and Maintaining a Compliance Risk Management Framework

  • Adopting a risk-based management approach
  • Evaluating the positive and negative business impacts of a risk-based strategy

Compliance and Corporate Governance

  • Defining Corporate Governance
  • Exploring the intersection of Corporate Governance and Compliance
  • Identifying relevant stakeholders
  • Core principles of Corporate Governance
  • The role of Management Committees
  • Application of Codes and Guidelines
  • Preventing Financial Crime through Corporate Governance

Compliance Controls and Monitoring

  • Meeting Regulatory Expectations
  • Establishing a Compliance Monitoring Program

Additional Financial Crime Considerations

  • Re-evaluating Money Laundering and Terrorist Financing
  • Fraud prevention
  • Data Protection and Information Security
    • Handling Personal and Sensitive Data
    • Implementing Data Protection Policies
  • Bribery and Corruption
    • The UK Bribery Act 2010
    • The USA Foreign & Corrupt Practices Act
    • Other relevant areas of concern
  • Consequences of Brexit
  • Market Abuse and Insider Trading
  • Sanctions compliance

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

  • Reasons why financial criminals target international businesses, offshore centers, and high-net-worth individuals
  • Assessing the primary risks involved in these business activities

Future Outlook

  • Identifying current hotspots in Compliance and its Risk Management

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