Governance, Risk and Compliance for Financial Services

About

The latest financial crisis has increased emphasis on good governance and controls within financial service institutions.  With this in mind, the ICSA has put together a package of online training courses aimed at senior managers and directors to take them through some of the fundamentals of governance, risk and compliance within the financial sector.

The governance, risk and compliance online training package consists of five individual courses:

• Corporate Governance for Financial Institutions    
• Models of Supervision in Financial Services
• The Role of Compliance in Financial Services
• Dealing with Financial Sector Regulators
• Key Compliance Risks in Financial Services

Package contains

Corporate Governance for Financial Institutions

• What is corporate governance?
• Role of the directors
• Role of the management
• Risk governance
• Role of the supervisors
• Role of the shareholders
• Values and culture

Models of Supervision in Financial Services

• Integration and globalisation
• Flaws in the financial marketplace
• The policy goals of regulation
• The four approaches to financial supervision
• Financial supervision in key jurisdictions
• As assessment of the four approaches
• The role of the central bank
• The role of deposit protection insurance

The Role of Compliance in Financial Services

• What is compliance?
• Who is responsible for compliance?
• The compliance function
• Compliance risk management
• Relationship with regulators and auditors
• Cross-border compliance
• Outsourcing

Dealing with Financial Sector Regulators

• Objectives and principles of financial regulation
• Authorisation
• Risk-based supervision
• Relationship of trust
• Regulatory breaches
• Checklist: Communicating with regulators
• Dawn raids
• Being prepared for dawn raids
• During a dawn raid

Key Compliance Risks in Financial Services

• Money laundering prevention
• Market abuse
• Bribery prevention
• MiFID
• Treating Customers Fairly
• Business protection
• Competition law