Compliance Certification is a management program designed to teach a practical understanding of regulatory compliance needs. The program covers eight major subject areas and utilizes a variety of training techniques. The key areas of the curriculum include understanding the regulatory environment, who is responsible for the compliance, the role of corporate governance and ethics in compliance programs, and the implementation of compliance programs. The emphasis will be on practical and pragmatic approaches, rather than theoretical ones.
At the end of this training program, participants will be able to;
Determine the meaning of compliance with your organization and how it is able to develop an organizational response to its demands.
Compliance inside and outside
Know what drives your compliance exposure both at home and abroad
Understanding the consequences of non-compliance risks
Appreciate the relationship between corporate governance and compliance, including the market expectation of that relationship
Assess the relationship between corporate governance and compliance, including market expectations for that relationship
Understand how to produce a corporate compliance program designed for your organization
Learn how to improve the regulatory structure of compliance
You will learn to appreciate the extent to which organizations and their public officers are exposed to the ever-increasing regulatory environment, how to identify the compliance issues that have the most significance for you, and how to introduce a compliance management program within your organization.
This highly practical course has been specifically 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 who is responsible for compliance affairs or regulatory relationships
Day 1
Introduction to compliance
The role of compliance
Business management on offer
Control framework
The power of technology
Institutional risk management
Quality management
Promoting a culture of accountability, organization
Environment and the role of regulators
A variety of legal obligations and due diligence
Organizers
Supervisors
Licenses or authorizations
Commercial effects
Introduction to regulatory requirements analysis methods
Analysis of the regulatory requirements of each regulatory authority (overview)
Disciplinary action
Compliance and the role of corporate governance
What is corporate governance?
Corporate governance
Principles of corporate governance
The duties and responsibilities of managers
Introducing foreign corruption laws
Protecting the interests of stakeholders
Business ethics
Reporting irregularities
Regulatory interactions
Corporate Constitution and governance structure
Rules of conduct
Independence
Separation of duties
Customer information
Rewards policies
Day 2
Discussion on regulation and compliance requirements: key outcomes of the compliance function.
Responsibility for compliance
Compliance monitoring methodologies by management
Compliance monitoring methodologies by the compliance officer
Consider different management structure options and models and influence compliance structure
The basic elements of the compliance policy.
Stakeholders
Definitions of compliance officer duties
Summary of the risks of evaluation and compliance
Functional structures to comply with standards
Compliance risk management
Independence
Examples of policies, brochures and working papers should be given.
Formats vs. Material
Operational procedures/evidence
Legal, regulatory and supervisory procedures
Assess whether existing structures allow these outcomes to be achieved.
Consider the shortcomings and issues faced by compliance functions and how they can be overcome.
Day 3
Record-keeping
Monitoring
The starting point for compliance monitoring
Risk assessment methodologies
Ranges and restrictions
Independent monitoring
Statistical sampling and non-statistical sampling
Complaints
Worksheets
The review process to assess the implementation of compliance risk management plans across your organization
Introduction to anti-money laundering
International responses to the problems of money-laundering, economic crime, cyber vandalism and terrorism
FATF
Legal requirements
Non-compliance and its ramifications
Risk management
PEPS
Develop a review plan to combat money laundering for a company
Day 4
Compliance and business ethics
Ethics and Corporate Accountability: The Benefits of Adhering to Sound Business Ethics.
How to read legislation
COSO framework
White Paper for Corporate Law Reform
Data Protection Act 1998. (Europe)
Basel Convention
Data protection
Corporate ethics guidelines in the development of the corporate compliance program
Determine the best suitability for a strategy, environment and industry-based organization
Conflict in the workplace
Conflicts of interest
Department of External Relations
Problem-solving methodologies
Training
Training methods
Record-keeping
Principles of best practices
Implementation requirements
Day 5
Compliance function overview
Compliance function location
Integration and independence of compliance function
Optimal compliance structure
Compliance responsibilities in the compliance officer
Combating bribery and corruption
Whistle-blowing programs and the law