Training Catalog

International Compliance Foundation Level

Banking

Description

Introduction

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.

The role of compliance is to protect the bank against several risks like reputation, legal or sanctions’ risks.


This 4-day interactive seminar is combining lectures, Luxembourg based case studies and exchanges of views, focusing on the Luxembourgish experience in the framework of the international standards.

Objectives

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 a Compliance Officer has to deal with

  • 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.

Programme

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

 

  • Compliance, Genesis & Key principles

1. Introduction – Why Compliance?

2. What is Compliance?

3. International bodies promoting Compliance

 

  • Compliance, function fundamentals

1. Establishing a Compliance function

2. Key compliance responsibilities

3. Actors: roles and responsibilities

4. Compliance founding documents

 

  • Financial Crime Framework

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

2. Tax evasion/Tax reporting overview – FATCA/ CRS

3. Predicate offence: Market abuse

4. International sanctions

 

  • Investor protection: MiFID II Overview

1. Introduction

2. MiFID II Client Services

3. MiFID II Governance & Supervision

4. Conclusion


  • Data Protection

1.    Definitions

2.    Main principles

3.    Supervision by the Data Protection Authority (DPA)

4.    GDPR & Directive

5.    Data Controller & Data Processor

6.    Data governance key stakeholders

7.    Data subject rights

8.    International personal data transfers

9.    Outsourcing in the financial sector

10. Data breach management

11. Sanctions

12. Enforcement actions

13. Practical cases

 

Target Audience

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.


Modalities

Course Material

Please note that for environmental reasons no paper version of the training material will be provided for your training. The course material can be downloaded free of charge via your portal before the start of the course (download the Client Portal User’s Guide here ). You will be able to view it on the screen of your mobile device or print it if necessary. If your registration has been made by a training manager of your company please contact him/her so that he/she can give you access to it or send it to you.

Exam

For this training course, an optional exam is available upon request.  

Contact

For further questions please contact our partner in your country


Testimonials

International Compliance Foundation Level

It was a great training. The trainer knew how to capture the audience's interest by giving several practical cases and always allowing participants to ask questions. Well done!!

Elisângela BRITO  -  Cape Verde

International Compliance Foundation Level

This course was excellent in every aspect.

Riolando SOUSA  -  Cape Verde

International Compliance Foundation Level

I think that this course was very interesting. I gained more insight about compliance. The course was very interactive, which was very good. Additionally, the trainer explained the entire course very clearly. I want to thank the House of Training and the trainer for providing us such an excellent course. Excellent job! I enjoyed being part of this course. 

 

Jéssica Roziane LIMA ALFAMA  -  Cape Verde