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 Duration 21 hours

Course Outline

Fundamentals of Compliance and Compliance Risk Administration

  • Comprehending Compliance and its associated Risks
    • Key areas of focus
    • Stakeholders of Compliance Officers and Money Laundering Reporting Officers
    • Recognizing and mitigating risks related to non-compliance

Establishing and Operating a Compliance Risk Management Framework

  • Adopting a Risk-Management methodology
  • The dual impact on the business–both positive and negative–of implementing a Risk-Management approach

Compliance and Corporate Governance

  • The definition of Corporate Governance
  • The interplay between Governance and Compliance
  • Identification of Stakeholders
  • Core principles of Corporate Governance
  • Management Committees
  • Regulatory Codes and Guidelines
  • The role of Corporate Governance in preventing Financial Crime

Compliance Controls and Verification Processes

  • Regulatory expectations
  • Designing a Compliance Monitoring Programme

Additional Financial Crime Considerations

  • A revised perspective on Money Laundering and Terrorist Financing
  • Fraud prevention
  • Data Protection and Information Security
    • Handling Personal and Sensitive Information
    • Data Protection Policies
  • Bribery and Corruption
    • UK Bribery Act 2010
    • USA Foreign & Corrupt Practices Act
    • Additional relevant jurisdictions and regulations
  • Consequences of Brexit
  • Market Abuse and Insider Dealing
  • Sanctions compliance

Financial Crime in International Business, Offshore Hubs, and High-Net-Worth Clientele

  • Motivations for targeting International Business, Offshore Hubs, and High-Net-Worth clients
  • Primary risks involved in conducting such business

Future Outlook

  • Current hotspots in Compliance and Risk Management

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