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Course Outline

Compliance Fundamentals and Risk Oversight

  • Exploring Compliance and its associated risks
    • Identifying key focus areas
    • Defining the stakeholders of Compliance Officers and Money Laundering Reporting Officers
    • Mitigating the consequences of non-compliance

Establishing and Maintaining a Compliance Risk Framework

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

Compliance and Corporate Governance

  • Defining Corporate Governance
  • Examining its interaction with Compliance
  • Identifying relevant stakeholders
  • Core Corporate Governance principles
  • The role of Management Committees
  • Adherence to Codes and Guidelines
  • The link between Corporate Governance and Financial Crime Prevention

Compliance Monitoring and Controls

  • Understanding regulatory expectations
  • Designing a Compliance Monitoring Programme

Additional Financial Crime Considerations

  • Money Laundering and Terrorist Financing – a contemporary perspective
  • Fraud
  • Data Protection and Information Security
    • Handling Personal and Sensitive Information
    • Implementing Data Protection Policies
  • Bribery and Corruption
    • The UK Bribery Act 2010
    • The USA Foreign & Corrupt Practices Act
    • Other relevant regulatory areas
  • The impact of Brexit
  • Market Abuse and Insider Dealing
  • Sanctions

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

  • Reasons why financial criminals target international business, offshore hubs, and high-net-worth individuals
  • Key risks involved in conducting such business

Future Outlook

  • Current hotspots in Compliance and Risk Management
 21 Hours

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