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 (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
