Course Outline
Institutional Module: Foundations of Due Diligence
- Overview of due diligence frameworks within financial institutions
- Governance structures, accountability mechanisms, and reporting hierarchies
- Integration with risk management and internal control systems
- Aligning due diligence efforts with organizational strategy and compliance culture
Management Module: Leadership and Oversight
- Board and executive duties in compliance oversight
- Setting up compliance committees and accountability structures
- Performance monitoring, escalation procedures, and corrective action planning
- Ethical leadership principles and decision-making frameworks
Marketing and Sales Module: Ethical Conduct and Client Transparency
- Due diligence in client acquisition and marketing efforts
- Managing conflicts of interest and ensuring transparency in disclosures
- Safeguarding data protection and consent in customer communications
- Monitoring sales practices for compliance and reputational risks
Technical Module: Operational and Data Due Diligence
- Mapping data flows and identifying sensitive information
- Evaluating system controls and cybersecurity posture
- Integrating technology risk assessments into compliance reviews
- Utilizing tools and automation for due diligence data collection and reporting
Financial Module: Financial Integrity and Risk Analysis
- Assessing financial performance, solvency, and liquidity indicators
- Evaluating the financial stability of counterparties and suppliers
- Preventing financial crime through AML, CFT, and sanctions screening
- Implementing fraud detection, internal audits, and red flag indicator analysis
Legal and Regulatory Module: CRS, FATCA, and Global Compliance Obligations
- Understanding the requirements of the Common Reporting Standard (CRS) and FATCA
- Due diligence for tax residency, indicia searches, and self-certifications
- Key legal frameworks: OECD standards, MCAA, and domestic implementation
- Managing penalties, remediation strategies, and reporting obligations
Environmental, Health and Safety, and Business Integrity Module
- Integrating ESG considerations into due diligence practices
- Ensuring health and safety compliance in financial and operational activities
- Implementing business integrity policies and anti-corruption measures
- Reporting on sustainability risks and compliance gaps
Information Technology Module: Data Governance and Security Compliance
- IT governance frameworks and digital risk management
- Standards for data integrity, retention, and traceability
- Regulatory compliance during digital transformation and AI adoption
- Incident response, disaster recovery, and resilience planning
Integrative Module: Governance, Risk, and Audit Readiness
- Consolidating due diligence findings across various departments
- Creating integrated compliance dashboards and reporting frameworks
- Preparing for external audits and regulatory inspections
- Developing plans for continuous improvement and staff training
Case Studies and Practical Exercises
- Reviewing and classifying sample client and vendor due diligence files
- Simulating a multi-module risk assessment scenario
- Developing a corrective action and monitoring plan
Summary and Next Steps
Requirements
- A solid grasp of financial compliance and risk management processes
- Knowledge of fundamental tax, regulatory, or AML/KYC concepts
- Experience in client onboarding or governance roles is beneficial
Target Audience
- Compliance and risk management officers
- Legal and audit professionals
- Operational, financial, and IT managers engaged in 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
