A key element to maintaining a strong Compliance culture within a firm is through effective communication. It is essential that regulated firms establish and maintain procedures to provide its governing body and senior management with the information necessary to organise, monitor and control its activities in order to comply with...
A key element to maintaining a strong Compliance culture within a firm is through effective communication. It is essential that regulated firms establish and maintain procedures to provide its governing body and senior management with the information necessary to organise, monitor and control its activities in order to comply with relevant legislation and manage risks. The course will provide participants with a practical guide to producing relevant, accurate, comprehensive, timely and reliable information. It also includes detailed guidance on communicating with the regulator and preparing the firm for regulatory visits, and how to keep up to date with the everchanging regulatory environment.
The workshop style programme uses a variety of teaching methods including relevant case studies, illustrative examples and participant interaction to help participants quickly grasp and internalise new knowledge. It is highly interactive and participants will be invited to discuss illustrative examples and real-life case studies in order to gain a practical understanding of all these issues.
This course is part of our Certified Compliance & AML Manager Award programme in association with Henley Business School and ICMA Centre. This programme is only available to firms on an in-house basis.
Who is this for?
The course will be of considerable value to Senior Managers, Money Laundering Reporting Officers, Compliance Officers and General Counsel with at least 2 years relevant experience and who wish to cement their understanding of the topic with a sound practical grounding.
- Essential Compliance issues
- Management Information
- How to communicate effective Management Information
- Board meetings and agenda
- Committee meetings and agenda
- Internal and external Suspicious Activity Reporting
- Communicating with the Regulator
- Keeping up to date with changes in the regulatory environment
After attending this course, participants will:
- Know what are the essential Compliance issues that will need to be communicated
- Be able to prepare useful Management Information
- Understand why the Board and its committees need Compliance issues communicated in different ways
- Be able to write appropriate Suspicious Activity Reports
- Be aware of their Regulator’s approach to supervision
- Know how to prepare for and manage an inspection
- Understand the importance of horizon scanning and keeping abreast of the changing legal and regulatory environment