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Course Outline

Foundations of Compliance and Risk Management

  • Grasping Compliance and its associated risks
    • Identifying priority areas
    • Recognizing stakeholders of Compliance Officers and Money Laundering Reporting Officers
    • Mitigating the consequences of non-compliance

Building and Maintaining a Compliance Risk Framework

  • Adopting a Risk-Management methodology
  • Evaluating the positive and negative business impacts of implementing such an approach

Compliance and Corporate Governance

  • Defining Corporate Governance
  • Exploring its intersection with Compliance
  • Identifying relevant stakeholders
  • Core Corporate Governance principles
  • The role of Management Committees
  • Relevant Codes and Guidelines
  • The link between Corporate Governance and Financial Crime Prevention

Compliance Controls and Verification

  • Understanding Regulatory expectations
  • Developing a Compliance Monitoring Program

Additional Financial Crime Considerations

  • Revisiting Money Laundering and Terrorist Financing
  • Fraud prevention
  • 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
  • Consequences of Brexit
  • Market Abuse and Insider Trading
  • Sanctions compliance

Financial Crime in Global Business, Offshore Centers, and High-Net-Worth Relations

  • Why do financial criminals target international business, offshore centers, and high-net-worth clients?
  • Key risks involved in managing these business segments

Future Outlook

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

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