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 Duration 21 hours

Course Outline

Fundamentals of Compliance and Compliance Risk Management

  • Grasping Compliance and Associated Risks
    • Key focus areas
    • Stakeholders of Compliance Officers and Money Laundering Reporting Officers
    • Mitigating and understanding non-compliance risks

Establishing and Maintaining a Compliance Risk Management Framework

  • Adopting a Risk-Management Approach
  • The positive and negative business impacts of implementing a Risk-Management Approach

Compliance and Corporate Governance

  • Definition of Corporate Governance
  • Interaction between Corporate Governance and Compliance
  • Identification of Stakeholders
  • Core principles of Corporate Governance
  • Role of Management Committees
  • Relevant Codes and Guidelines
  • Corporate Governance in the prevention of Financial Crime

Compliance Controls and Verification Processes

  • Regulatory expectations
  • Developing a Compliance Monitoring Programme

Additional Financial Crime Considerations

  • A fresh perspective on Money Laundering and Terrorist Financing
  • Fraud
  • Data Protection and Information Security
    • Personal and Sensitive Information
    • Data Protection Policies
  • Bribery and Corruption
    • UK Bribery Act 2010
    • USA Foreign & Corrupt Practices Act
    • Other relevant areas
  • Consequences of Brexit
  • Market Abuse and Insider Dealing
  • Sanctions

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

  • Motivations behind targeting International Business, Offshore Centers, and High-Net-Worth clients by financial criminals
  • Primary risks associated with conducting such business

Future Trends

  • Current hotspots in Compliance and Risk Management

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