Training Objectives 

By the end of this programme, participants will be able to:

• Gain an understanding of the fundamentals of the regulatory framework and the compliance function 
• Be aware of what the compliance function is responsible for and what are the expectations from a compliance officer  
• Know the regulation around financial crime and Anti-money laundering  
• Briefly know that main regulatory frameworks in effect around the financial services industry  
• Be able to balance ethics, compliance and business 
• Understand how corporate governance affects an organisation 

Training Outline

History, need for regulation, regulation models 

• Why do we need regulation and how does the regulation work?

Compliance Function: Responsibilities, skills, Compliance risk, tools 

• The definition of Compliance 
• The risk of non-compliance 
• The role of the Compliance Officer and his place in the context of the internal control framework 
• The profile of the Compliance Officer (skills, knowledge, background) 
• Role, responsibilities and mission of the Compliance Function and the Compliance Officer 
• Areas covered by the Compliance Unit 
• Models of organizational structure of a Compliance Function 
• Interrelation of the Compliance Officer and the Compliance Unit, with other roles/units in a regulated company (lawyer, internal auditor,risk officer etc) 

Managing the Risk of Financial Crime 

• Money Laundering
• Terrorist financing process
• 5^th & 6^th EU Directive

Overview of current financial services regulations 

• Banking  
• Financial/Investment services 
• Insurance sector 
• Payment Services  

Sustainability  

• Sustainable Finance Disclosure Regulation (SFDR) 

Ethics, Integrity and Fairness 

• Ethics and Compliance Corporate Social Responsibility and Training 
• Market Integrity 
• Fair Dealing 
• Short overview of the market abuse regulation  

Governance requirements– Impact on compliance function 

• Objectives of Corporate Governance 
• The role of the Board in Risk Governance 
• Composition of the Board – Independence criteria 

Who should attend

• Banks’ managers/officers 
• Investment Services Companies managers/officers 
• Insurance Companies managers/officers 
• Listed Companies managers 
• IT managers/officers of companies developing IT systems/applications for financial institutions in order for them to meet the regulatory requirements 
• Lawyers 
• Officers exercising control activities (internal auditors, inspectors, external auditors, operational risk managers etc) 
• Professionals wishing to work in Compliance in the future 
• Graduate or post graduate students. 
• Professionals that wish to make an international career in Compliance and would like to have a broader picture of how Compliance works and its methodologies, at international level  

Training Style 

The programme is designed to enhance the participants’ knowledge on investment analysis, risk management, portfolio management, and most importantly their associated regulations, via short lectures, case studies, and practical examples. Most of the training will focus on providing a clear understanding of the topics while much training time will also be invested in providing real-life case studies and examples of the material covered. 

CPD Recognition

This programme may be approved for up to 10 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 10 CPD units. Eligibility criteria and CPD Units are verified directly by the Association of Anti-Money Laundering Specialists (ACAMS).

In-house Training

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