Course Outline
Institutional Focus: The Essentials of Due Diligence
- An overview of due diligence architectures in financial institutions
- Examining governance structures, accountability lines, and reporting hierarchies
- Aligning due diligence with risk management and internal control environments
- Synchronizing due diligence efforts with organizational strategy and a culture of compliance
Leadership Focus: Oversight and Stewardship
- Defining the role of the board and executives in compliance supervision
- Setting up compliance committees and robust accountability structures
- Monitoring performance, managing escalations, and planning corrective measures
- Applying ethical leadership principles to decision-making frameworks
Marketing and Sales Focus: Ethical Practices and Client Clarity
- Applying due diligence during client acquisition and marketing initiatives
- Mitigating conflicts of interest and ensuring transparent disclosures
- Safeguarding data protection and managing consent in client interactions
- Supervising sales tactics to manage compliance and reputational risks
Technical Focus: Operational and Data Verification
- Mapping data pathways and pinpointing sensitive information
- Assessing system controls and the overall cybersecurity stance
- Incorporating technology risk evaluations into compliance reviews
- Utilizing tools and automation for efficient data collection and reporting
Financial Focus: Integrity and Risk Assessment
- Evaluating financial health, solvency, and liquidity metrics
- Reviewing the financial stability of counterparties and suppliers
- Preventing financial crimes: AML, CFT, and sanctions compliance
- Identifying fraud, conducting internal audits, and spotting red flags
Legal and Regulatory Focus: CRS, FATCA, and Global Standards
- Navigating the requirements of the Common Reporting Standard (CRS) and FATCA
- Conducting due diligence on tax residency, indicia search, and self-certifications
- Understanding key legal frameworks: OECD, MCAA, and local implementations
- Managing penalties, remediation strategies, and reporting duties
ESG and Business Integrity Focus
- Embedding ESG considerations into due diligence practices
- Ensuring health and safety compliance in financial and operational activities
- Enforcing business integrity policies and anti-corruption controls
- Reporting on sustainability risks and compliance shortfalls
IT Focus: Data Governance and Security Standards
- Implementing IT governance frameworks and managing digital risks
- Upholding standards for data integrity, retention, and traceability
- Ensuring regulatory compliance during digital transformation and AI integration
- Planning incident response, disaster recovery, and resilience
Integrative Focus: Governance, Risk, and Audit Preparedness
- Synthesizing due diligence insights across various departments
- Building unified compliance dashboards and reporting structures
- Preparing for external audits and regulatory examinations
- Creating plans for continuous improvement and staff training
Applied Learning: Case Studies and Exercises
- Reviewing and categorizing sample client and vendor due diligence files
- Simulating complex, multi-module risk assessment scenarios
- Formulating corrective action and monitoring strategies
Wrap-Up and Future Actions
Requirements
- A solid grasp of financial compliance mechanisms and risk management protocols
- Knowledge of fundamental tax principles, regulatory frameworks, or AML/KYC concepts
- Previous involvement in client onboarding or governance roles is advantageous
Intended Audience
- Compliance and risk management specialists
- Legal and audit experts
- Managers in operations, finance, and IT who oversee due diligence processes
Testimonials (4)
How to manage business financials
surprise mtileni - Hatima Holdings (Pty) ltd
Course - Learning Xero
Good communication, open for discussion, kept it interesting and engaging
Ahmet Keyman - Keytrade AG
Course - Management Accounting and Finance for Non-Finance Professionals
Experience of the trainer and his way of conveying the content
Roggli Marc - Bechtle Schweiz AG
Course - FinOps
The trainer did not leave a single minute unexploited! He was up a storm throughout every lesson and provided much material for whatever he dealt with.
