Financial Crime Compliance and Regulatory Compliance are probably at the top of nearly every Financial Institution’s risk review process and have become the key strategic imperatives for all board members. The reputational damage and not to mention the fines imposed for non-compliance are huge concerns.
It is fair to say that banks are being micro-managed by regulators in this area and are being set exceptionally high standards for compliance.
Financial institutions are required to focus increasingly on Financial Crime Prevention measures and must have robust systems in place to combat them.
This includes detailed policies, clear lines of defence, robust CDD processes, a risk based approach, clear accountabilities and above all effective staff training and awareness throughout the organisation.
None of this is difficult but it is costly, time consuming and involves putting in place procedures and systems to deter, detect and protect the institution from being used by criminals.
This course has been designed to deliver best practice guidelines for any institution by drawing on cutting edge experience of what the world’s leading financial institutions are doing, have done and must still do.
It covers the minimum requirements, the ideal requirements and considers the impact of imminent legislative and best practice changes.
All staff with client facing responsibilities especially those where financial crime is a real and active risk. Risk and compliance professionals and members of the internal audit function. Senior managers and top management would also derive considerable benefit from attending.
Workshop style with participation from delegates actively encouraged.
Your course director has spent more than 40 years in the banking and financial sector, much of it in a senior managerial/Director role. He is a former Institute of Banking Lecturer, having gained distinctions in the exams. He is a subject matter expert on all aspects of retail, corporate and global banking, including risk management and regulatory compliance. He has lectured extensively to both leading global financial institutions and to smaller bespoke specialists. He has delivered extensive programmes in all parts of the world including the USA, Europe, MENA, Africa and Hong Kong. He is currently an accredited Master Trainer at the world’s biggest global bank.