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 Duration 21 hours

Course Outline

Foundations of Compliance and Risk Management

  • Grasping Compliance and its associated risks
    • Identifying key focus areas
    • Determining the stakeholders of Compliance Officers and Money Laundering Reporting Officers
    • Recognizing and mitigating non-compliance risks

Establishing and Administering a Compliance Risk Management Framework

  • Adopting a Risk-Management Approach
  • Evaluating the positive and negative business impacts of a Risk-Management Approach

Compliance and Corporate Governance

  • Defining Corporate Governance
  • Examining the interplay between Compliance and Corporate Governance
  • Identifying relevant stakeholders
  • Core Corporate Governance principles
  • Management Committees
  • Codes and Guidelines
  • The role of Corporate Governance in preventing Financial Crime

Compliance Controls and Oversight

  • Understanding Regulatory Expectations
  • Developing a Compliance Monitoring Programme

Additional Financial Crime Considerations

  • Money Laundering and Terrorist Financing – A Re-evaluation
  • 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 regulatory considerations
  • The effects of Brexit
  • Market Abuse and Insider Dealing
  • Sanctions

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

  • Why financial criminals target International Business, Offshore Centres, and High-Net-Worth clients
  • Key risks associated with this business segment

Future Outlook

  • Current hotspots in Compliance and Risk Management

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