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Course Outline

Foundations of Compliance and Compliance Risk Oversight

  • Grasping Compliance and its associated risks
    • Key focus areas
    • Stakeholders for Compliance Officers and Money Laundering Reporting Officers
    • Mitigating the risks of non-compliance

Building and Maintaining a Compliance Risk Management Framework

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

Compliance in the Context of Corporate Governance

  • Defining Corporate Governance
  • The interplay between Governance and Compliance
  • Identifying key Stakeholders
  • Core Corporate Governance principles
  • The role of Management Committees
  • Establishing Codes and Guidelines
  • Corporate Governance and the prevention of Financial Crime

Compliance Controls and Verification Processes

  • Regulatory expectations
  • Developing a Compliance Monitoring Program

Additional Financial Crime Considerations

  • Money Laundering and Terrorist Financing – a contemporary perspective
  • Fraud
  • Data Protection and Information Security
    • Handling 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 Centres, and High-Net-Worth Clientele

  • Why financial criminals target International Business, Offshore Centres, and High-Net-Worth clients
  • Major risks associated with operating in these sectors

Looking Ahead

  • Current hotspots in Compliance and its Risk Management…
 21 Hours

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