Training Objectives

• Review of the law and regulations regarding director’s main duties and obligations 
• Review and provide a detailed analysis of the regulatory reporting requirements placed on CIF Boards, namely: 
• Internal Audit Report 
• Risk Management Report 
• ICAAP Report 
• Compliance Report 
• AMLCO Report 
• Financial Statements 

By the end of the programme, participants will be aware of:

• the main role and the responsibilities of a board of directors of a CIF 
• the reports a board of directors of a CIF will need to sign 
• the requirements of the rules and regulations pertaining to these reports  
• an understanding of the importance of the rules and regulations pertaining to these reports 
• insights into the practical challenges – and some possible solutions – to these rules and regulations 
• experiences encountered by other members of their cohort for further learning 

Training Outline

• Role and Responsibilities of the Board of Directors 
• An Overview of the Annual Board Submissions 
• The Internal Audit Report 
• The Risk Management Report 
• The ICAAP Report 
• The Compliance Report 
• The AMLCO Report 
• The Financial Statements 

Who Should Attend

The programme is ideal for:

• C-Level Executives and Senior Managers in Investment Firms
• Compliance Officers
• Marketing Managers and Officers
• Sales and Business Development Executives
• Internal Auditors
• Internal Lawyers
• External Auditors, Lawyers and Financial Consultants

Training Style

The training style for this course will be to review the text of the law, rules and regulation but place within the context of why it is required by the regulator in meeting expectations of wider stakeholders.  

The trainer will be sharing his own experience of the legal and regulatory regime as a member of a CIF board, but also encouraging other participants to share their own practical insights for enhanced learning. 

A discursive style of transferring information will aim to help participants see beyond mere compliance and towards further enhancing their performance and level of professionalism, regardless of their role within in CIF. 

CPD Recognition

This programme may be approved for up to 6 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.