Compliance, Risk & Governance

In an age where financial crises recur, regulations are promulgated at increasing rates, and 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 regard 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 behavioural 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 : 10

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 organisation’s compliance strategy aligned with the firm strategy, programme and overall direction. 

“Seeing round the bends” is challenging. Given the rapidly changing regulatory, business and competitive landscape, the 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 are global, and 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 : 10

Classroom Hours : 13

Online Hours : 3

Financial Crime Compliance is a key area of focus for regulators worldwide. In recent years, there have been media spotlights on misconduct by financial institutions resulting in significant fines and penalties applied. Financial institutions cannot lose focus on the critical responsibility to detect, investigate, and report suspicious activity.  At the same time, institutions are being pushed to explore ways to deploy better technology to keep pace with fraudsters and money launderers. Having a clear understanding of the relevant regulations, key financial crime risks current and arising such as with virtual assets, use of data analytics and the importance of clean data, and applying network-linked analysis across the industry, is essential for financial institutions to effectively adapt to the changing landscape. 

Total Training Duration / CPD Hours : 10

Classroom Hours : 13

Online Hours : 3

Compliance officers play a vital role in their respective organisations. That role has traditionally been to ensure that financial institutions operate with integrity and adhere to applicable laws, regulations, and internal policies. In recent years, however, there has been a drive to expand the mandate and expectations of a compliance officer and to better balance its role as an advisor to the front line with its role of providing challenge and independent oversight. Challenge and control responsibility is supported by robust compliance monitoring, surveillance, and control programs. This module aims to cover how to set up and operate effective and efficient monitoring, surveillance and control processes in the financial services industry, leveraging the use of technology. This course is designed for professionals with 3 years of relevant experience in a control function in financial services, such as risk, internal audit, legal, compliance advisory, monitoring and surveillance, and compliance analytics, as well as external lawyers and auditors advising Financial Institutions.

Total Training Duration / CPD Hours : 10

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 organisations. This significance resulted in a relevant bottom-line impact for most financial institutions and therefore, the quest for efficiency increase in compliance has become a key goal for many organisations. 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 assess different technologies for different compliance tasks critically, define respective business requirements, and effectively project manage, drive and implement respective compliance and regulatory technology tools in an organisation.

Total Training Duration / CPD Hours : 10

Classroom Hours : 13

Online Hours : 3

Compliance managers play a vital role in their respective organisations. They not only assist to develop and implement control frameworks within institutions but also commonly play a key role in handling serious compliance incidents when they arise. Having a clear understanding of the financial services industry’s best practices and regulations when it comes to handling serious compliance incidents is a critical prerequisite for operating in the industry in order to meet the expectations of regulators. Deriving lessons learnt from such incidents, and identifying initiatives for improvements to processes and controls, are important. As disciplinary sanctions and regulatory enforcement flow from such incidents, it is important to establish appropriate people performance measures so disciplinary measures are fair and proportionate

 This module aims to establish processes and procedures for handling serious compliance incidents in the financial services industry in line with regulatory expectations. Scope includes detecting, investigating, escalating and reporting serious compliance incidents as well as disciplinary sanctions for serious compliance breaches. The module addresses initiatives for process and controls improvement from lessons learnt in handling such incidents, and alignment and assessment of people performance indicators accordingly. 

Total Training Duration / CPD Hours : 10

Classroom Hours : 13

Online Hours : 3