The objectives of the program :-

• Determine the meaning of compliance with your organization and how it is able to develop an organizational response to its demands.
• Compliance inside and outside
• Understanding the consequences of non-compliance risks
• Assess the relationship between corporate governance and compliance, including market expectations for that relationship
• Understand how to produce a corporate compliance program designed for your organization
• Learn how to improve the regulatory structure of compliance

Target group :-

• Compliance services
• Risk management departments
• Money laundering and terrorist financing reporting departments
• Secretaries of the Board of Directors
• Internal Audit Services

Benefits and benefits of obtaining a certificate :-

• Gain the right to use the CCO acronym  on your business card and CV
• Access to GAFM’s risk management network and online information group
• Participating in the experience of a key risk expert from the Global Academy of Finance and Management
• Access to education centers in the United States, Europe, Asia, the Middle East and Latin America

Why this executive program ?

Creating a culture of compliance is an important risk management strategy. Recent corporate meltdowns have focused heavily on the need for good corporate governance and an effective compliance program is an integral part of this structure. In addition, upon completion of the program you will receive an internationally recognized GAFM certificate from GAFM-  Global Academy of Finance and Management.

Unit 1 :-

• Introduction to compliance
• The role of compliance
• Business management on offer
• Control framework
• The power of technology
• Institutional risk management
• Quality management
• Promoting a culture of accountability, organization
• Environment and the role of regulators
• A variety of legal obligations and due diligence
• Organizers
• Supervisors
• Licenses or authorizations
• Commercial effects
• Introduction to regulatory requirements analysis methods
• Analysis of the regulatory requirements of each regulatory authority (overview)
• Disciplinary action
• Compliance and the role of corporate governance
• What is corporate governance?
• Corporate governance
• Principles of corporate governance
• The duties and responsibilities of managers
• Introducing foreign corruption laws
• Protecting the interests of stakeholders
• Business ethics
• Reporting irregularities
• Regulatory interactions
• Corporate Constitution and governance structure
• Rules of conduct
• Independence
• Separation of duties
• Customer information
• Rewards policies

Unit 2 :-

• Discussion on regulation and compliance requirements: key outcomes of the compliance function.
• Responsibility for compliance
• Compliance monitoring methodologies by management
• Compliance monitoring methodologies by the compliance officer
• Consider different management structure options and models and influence compliance structure
• The basic elements of the compliance policy.
• Stakeholders
• Definitions of compliance officer duties
• Summary of the risks of evaluation and compliance
• Functional structures to comply with standards
• Compliance risk management
• Independence
• Examples of policies, brochures and working papers should be given.
• Formats vs. Material
• Operational procedures/evidence
• Legal, regulatory and supervisory procedures
• Assess whether existing structures allow these outcomes to be achieved.
• Consider the shortcomings and issues faced by compliance functions and how they can be overcome.

Unit 3 :-

• Record-keeping
• Monitoring
• Starting point for compliance monitoring
• Risk assessment methodologies
• Ranges and restrictions
• Independent monitoring
• Statistical sampling and non-statistical sampling
• Complaints
• Worksheets
• The review process to assess the implementation of compliance risk management plans across your organization
• Introduction to anti-money laundering
• International responses to the problems of money-laundering, economic crime, cyber vandalism and terrorism
• FATF
• Legal requirements
• Non-compliance and its ramifications
• Risk management
• PEPS
• Develop a review plan to combat money laundering for a company

Unit 4 :-

• Compliance and business ethics
• Ethics and Corporate Accountability: The Benefits of Adhering to Sound Business Ethics.
• How to read legislation
• COSO framework
• White Paper for Corporate Law Reform
•  Data Protection Act 1998. (Europe)
• Basel Convention
• Data protection
• Corporate ethics guidelines in the development of the corporate compliance program
• Determine the best suitability for a strategy, environment and industry-based organization
• Conflict in the workplace
• Conflicts of interest
• Department of External Relations
• Problem-solving methodologies
• Training
• Training methods
•  Record-keeping
• Principles of best practices
• Implementation requirements

Unit 5 :-

• Compliance function overview
• Compliance function location
• Integration and independence of compliance function
• Optimal compliance structure
• Compliance responsibilities in the compliance officer
• Combating bribery and corruption
• Whistle-blowing programs and the law

Exam :-

Exam duration: 2 hours

Success score: 70