Compliance, Risk & Governance

In an age where financial crises recur, regulations are promulgated at increasing rates, fines and penalties continue to rise with corporate and individual accountability of officers, it is fundamental to understand correct governance and how to inculcate a culture of compliance and ethical conduct in financial services firms. 

This course enables an understanding of the major current compliance risks and topics, and the drivers and evolution of these risks over time. Participants will understand the core standards and regulatory expectations with regards to corporate governance, conduct and compliance and how these standards need to be operationalized in a corporate environment. Case studies from real life will be covered including management and mismanagement of compliance risks, flaws in processes and culture including the range of questionable/ unethical/ illegal behavioral spectrum. The architecture and processes necessary to continuously assess and mitigate compliance risks, detect, investigate and enforce standards and key principles, tools and techniques to continuously improve these processes will be addressed

Total Training Duration / CPD Hours : 13

Core FAA CPD : 13

Core SFA CPD : 13

Classroom Hours : 13

Online Hours : 3

In an evolving and increasingly complex banking and financial services environment, the requirements and demands for skilled compliance professionals have increased proportionately. It is imperative to have the knowledge and leadership to develop, drive and establish the organization compliance strategy aligned to firm strategy, programme and overall direction. 

“Seeing round the bends” is challenging. Given the rapidly changing regulatory, business and competitive landscape, constant review of business operating processes is required to meet new challenges brought about by the increasingly sophisticated nature of financial crimes, client behaviours, and new regulatory demands and expectations.  As financial services is global, borderless whereas rules, regulations and regulatory requirements are jurisdictional, an analysis, stakeholder management and decision making factoring multiple vectors is required. 

Taught by experienced industry practitioners, this module is designed to provide the understanding, framework, principles, tools and methodologies to derive and deliver the necessary compliance policies, procedures and best practices for a firm.

Total Training Duration / CPD Hours : 13

Classroom Hours : 13

Online Hours : 3

Many a compliance officer has said one of the biggest challenges they face is that they don’t know what they don’t know, a fear traditionally heightened by not having enough visibility into the overall operations of the business. But in a digital age, most the answers are there, buried in an ocean of data, waiting to be discovered. Hence, “Compliance analytics is about using data to derive insights from a compliance perspective.

This module aims to explain the importance of data and data analytics for the compliance function. It is designed to provide financial institution practitioners with awareness of data governance, the key data management components such as data lineage, data quality, and how these data components are critical to enable effective and efficient Know Your Customer (KYC) profiling, improved transaction monitoring and controls through the deployment of artificial intelligence, machine learning and data analytics. 

The module will further explore how current digitisation trends will change the compliance landscape from a KYC / AML compliance perspective, coupled with the importance of understanding how knowledge of model validation and audit of compliance processes is key to ensure the automated compliance process and algorithms are reasonably concise and relevant to the scenarios. 

Total Training Duration / CPD Hours : 13

Classroom Hours : 13

Online Hours : 3

Over the past decades, the importance of compliance within the financial industry has increased year over year and legal, compliance and regulatory functions saw respective growth in most organizations. This significance resulted in a relevant bottom-line impact for most financial institutions and therefore, the quest for efficiency increase in compliance has become key goal for many organizations. Today’s technologies are able to transform many traditional legal and compliance tasks but require the knowledge to understand technologies and select appropriate tools for distinct tasks.

This module aims to provide participants with the skills to critically assess different technologies for different compliance tasks, define respective business requirements, effectively project manage, drive and implement respective compliance and regulatory technology tools in an organization.

Total Training Duration / CPD Hours : 13

Classroom Hours : 13

Online Hours : 3