Key Details

Duration: 1 Day

Delivery method: In-house

Overview

OTC Derivative transactions are an integral part of financial services business, particularly in International Capital Markets. As Compliance Officers, you may be required to review or even approve such structures from a regulatory and/or reputational risk point of view.This course aims to provide Compliance Officers with an understanding of the...

OTC Derivative transactions are an integral part of financial services business, particularly in International Capital Markets. As Compliance Officers, you may be required to review or even approve such structures from a regulatory and/or reputational risk point of view.

This course aims to provide Compliance Officers with an understanding of the typical derivative structures (including structured products with embedded derivatives) seen in the marketplace and the regulatory and reputational risks to be considered by Compliance Officers.

The course will be interactive and will feature several real life case studies.

  • Overview of typical OTC derivatives and derivative structures
  • Expected Organisational control structures to support a derivatives business
  • Regulatory requirements
  • Distinction between securities based derivatives and other types
  • Is FX a derivative?
  • Customer obligations in relation to derivatives
  • Derivatives and Market Abuse
  • Money Laundering issues
  • Derivatives and reputation risk
  • Customer valuations
  • Enforceability of contract
  • Overview of regulatory capital treatment of derivatives
  • Shariah considerations

After attending this course, participants will:

  • Have an understanding of derivative structures and concepts
  • Understand the concepts, products and terminology relating to Compliance Risk in OTC Derivatives
  • Understand the risks inherent in derivatives
  • Have an understanding of the control environment that should be in place to control derivatives
  • Be aware of the regulatory and reputational issues they should consider in connection with derivative transactions