Introduction

Compliance Certification is a management program designed to teach a practical understanding of regulatory compliance needs. The program covers eight major subject areas and uses a variety of training techniques.
The key areas of the curriculum include:

• Understanding the regulatory environment

• Identifying who is responsible for compliance

• The role of corporate governance and ethics in compliance

• Implementing compliance programs

• Practical, pragmatic approaches rather than theoretical methods

Training Course Objectives

At the end of this training program, participants will be able to:

• Determine the meaning of compliance within their organization and develop appropriate organizational responses

• Understand compliance requirements inside and outside the organization

• Identify what drives compliance exposure domestically and internationally

• Understand the consequences of non-compliance risks

• Appreciate the relationship between corporate governance and compliance, including market expectations

• Assess the relationship between governance and compliance structures

• Produce a corporate compliance program tailored to their organization

• Improve the regulatory structure of compliance

Personal Benefits

Participants will learn to:

• Appreciate the extent of exposure organizations and public officers face in today’s increasing regulatory environment

• Identify the compliance issues most relevant to their role

• Introduce and strengthen a compliance management program within their organization

Target Audience

This highly practical course is designed for:

• Directors and Senior Managers

• Company Secretaries

• Compliance Professionals

• Risk Managers

• Legal Advisers and Lawyers

• In-House Corporate Counsel

• Auditors and Audit Managers

• Compliance Officers and Managers

• Anyone responsible for compliance affairs or regulatory relations

Training Outlines

Day 1

• Introduction to compliance

• The role of compliance

• Business management functions

• Control frameworks

• The power of technology

• Institutional risk management

• Quality management

• Promoting a culture of accountability

• Environment and the role of regulators

• Legal obligations and due diligence

• Organizers and supervisors

• Licenses and authorizations

• Commercial effects

• Introduction to regulatory requirements analysis

• Overview of regulatory authority requirements

Day 2

• Disciplinary actions

• Compliance and the role of corporate governance

• What is corporate governance?

• Principles of corporate governance

• Duties and responsibilities of managers

• Introduction to foreign corruption laws

• Protecting stakeholder interests

• Business ethics

• Reporting irregularities

• Regulatory interactions

• Corporate constitution and governance structure

• Rules of conduct

• Independence and separation of duties

• Customer information

• Reward policies

• Discussion on regulation and compliance requirements

• Responsibility for compliance

• Compliance monitoring methodologies (management)

• Compliance monitoring methodologies (compliance officer)

• Management structure options and their impact on compliance

• Elements of compliance policies

• Stakeholders

• Definitions of compliance officer duties

Day 3

• Summary of compliance risks and evaluations

• Functional structures for compliance

• Compliance risk management

• Independence in compliance operations

• Examples of policies, brochures, and working papers

• Formats vs. materials

• Operational procedures and evidence

• Legal, regulatory, and supervisory procedures

• Assessing whether existing structures achieve desired outcomes

• Overcoming shortcomings in compliance functions

• Record-keeping

• Monitoring processes

• Starting points for compliance monitoring

• Risk assessment methodologies

• Ranges and restrictions

• Independent monitoring

• Statistical and non-statistical sampling

• Complaints handling

• Worksheets

• Review processes for assessing compliance risk management implementation

• Introduction to anti-money laundering

• International responses to money laundering, economic crime, cybercrime, and terrorism

• FATF guidelines

• Legal requirements

Day 4

• Non-compliance and its ramifications

• Risk management

• PEPs (Politically Exposed Persons)

• Developing AML review plans

• Compliance and business ethics

• Ethics and corporate accountability

• Reading and interpreting legislation

• COSO framework

• Corporate Law Reform (White Paper)

• Data Protection Act (Europe)

• Basel Convention

• Data protection fundamentals

• Corporate ethics guidelines for compliance programs

• Selecting compliance strategies for different environments and industries

• Workplace conflicts

• Conflicts of interest

• External relations

• Problem-solving methodologies

• Training methodologies

• Record-keeping

• Best practice principles

• Implementation requirements

Day 5

• Compliance function overview

• Location and structure of the compliance function

• Integration and independence of compliance

• Optimal compliance structure

• Responsibilities of the compliance officer

• Combating bribery and corruption

• Whistleblowing programs and legal considerations