Certification Programme: International Compliance Foundation Level

Compliance has become a full component of a good corporate governance. In banks, the Compliance function is a mandatory internal control function, besides Risk Management and Internal Audit.

At the end of this seminar, the participants will:

• Understand the main aspects of a Compliance Officer’s function covering the technical, practical aspects, and decisions with which a Compliance Officer has to deal

• Be able to implement the regulatory framework focusing on a case study of a specific environment

• Have acquired a good understanding of the legal and regulatory environment of a Compliance Officer
  

Key items that will be addressed in this 4-day programme:

• Compliance, Genesis & Key principles

  • Introduction – Why Compliance?

  • What is Compliance?

  • International bodies promoting Compliance

• Compliance, function fundamentals

  • Establishing a Compliance function

  • Key compliance responsibilities

  • Actors: roles and responsibilities

  • Compliance founding documents

• Financial Crime Framework

  • Anti-Money Laundering (AML) Counter Terrorism Financing (CFT) overview

  • Tax evasion/Tax reporting overview – FATCA/ CRS

  • Predicate offence: Market abuse

  • International sanctions

• Investor protection: MiFID II Overview

  • Introduction

  • MiFID II Client Services

  • MiFID II Governance & Supervision

  • Conclusion

• Data Protection

  • Definitions

• Main principles

  • Supervision by the Data Protection Authority (DPA)

  • GDPR & Directive

  • Data Controller & Data Processor

  • Data governance key stakeholders

  • Data subject rights

  • International personal data transfers

  • Outsourcing in the financial sector

  • Data breach management

  • Sanctions

  • Enforcement actions

  • Practical cases

Compliance officers with or without experience, internal auditors, managers & bankers willing to improve their knowledge of managing the compliance function.

Participants may be commercial bankers, central bankers, and representatives of other financial institutions of the private sector involved in legal, economic or financial matters.

The participants will have their newly acquired knowledge validated through a written exam and will be granted a certificate of success issued by the House of Training.