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 (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.
