Governance, Risk _ Compliance

Course Outlines:

Module One:

Compliance & Regulatory Environment

• Introduction Governance, Risk and Compliance ( GRC)
• An Overview of the Regulatory Environment
• The Objectives of Financial Services Regulation
• Key Regulations that Impact (transnational) Finance Institutions
• International Regulation
• Know Your Regulator
• Compliance Environment in Your Jurisdiction
• Compliance Function in Your Organization
• Compliance Risk Assessments
• Fraud Risk Assessment
• Organizational Risk Assessment
• Compliance Gap Analysis

Module Two:

Risk

• Main Types of Risk Classes that Firms Face and Must Cope With
• Characteristics of the Main Risk Classes
• Fundamental Concepts of Each of the Risk Classes
• Understanding a Risk Management Approach
• Risk Management Approach
• The Need for Internal Controls
• Identify, Mitigate and Control Risks
• Approaches to Risk Assessment
• Develop Appropriate Strategy to Detect Desired and Undesirable Events

Module Three:

Financial Crimes

• Money Laundering Laws
• Preventing Fraud
• Bribery and Corruption
• Market Abuse and Insider Dealing
• The Risk-based Approach to Money Laundering / Terrorist Financing
• Identifying High-risk Indicators – Understand what to do with the information and whom to escalate it to
• Suspicious Activity Reports (SARs)
• Sanctions

Module Four:

Governance

• National & International Environment for Corporate Governance
• Understanding the External / Internal Context of Your Organization
• Dealing with Stakeholders
• Board of Director’s Responsibilities
• Audit Committee
• Corporate Social Responsibility
• The Role of Public Disclosure 
• Supervisors and Transparency
• Best Practices in Communication to the Right People

Module Five:
Governance, Risk Management and Compliance

• Concepts of the Model of ‘Governance’, ‘Risk’ and ‘Compliance’ (GRC) 
• Principles of Governance, Risk and Compliance
• Governance, Risk Management and Compliance Roles and Responsibilities
• Governance, Risk Management and Compliance Integrated Approaches and their Key Enablers 
• Role and Responsibilities of Board and Committees
• Selective Best Practices
• Building an Effective Model of Governance, Risk and Compliance in Your Organization