Training Objectives

Participants of the programme, will be able to:

• Understand the importance of conducting third party due diligence
• Identify the relevant third parties
• Understand and apply the ECMC 8-step approach towards third party due diligence
• Use methods to mitigate or reduce risks

Training Outline

Theory

• Why it is important to conduct third party due diligence
• How to identify the third parties
• The ECMC 8-step approach towards third party due diligence
• How to mitigate or reduce bribery and corruption risks
• ESG risks

Practice

• Practice with one or more case studies

Who should attend 

The course is ideal for professionals within the financial services sector, and will be particular benefit to:

• Compliance and Ethics Managers and Officers
• In-house counsel with responsibility for compliance
• Company secretaries
• Internal Auditors who audit compliance programmes
• External Accountants who have to form an opinion on compliance risks and controls
• Investigators
• Service providers to the compliance community

Training Style

The programme is designed to deliver knowledge and enhance participants’ skills, through an interactive approach that includes presentations, questions and answers, discussions, best practices and case studies.

CPD Recognition

This programme may be approved for up to 5 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

This training course may be approved as an external activity under the new ACAMS recertification category ”non-ACAMS credits” for up to 5 CPD units. Eligibility criteria and CPD Units are verified directly by the Association of Anti-Money Laundering Specialists (ACAMS). To read more about the non-ACAMS credits policies and eligibility criteria please click here.

In-house Training

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