3 Steps Towards an Effective Compliance Training Strategy
If you’re thinking about how to enhance your compliance training strategy across your firm, you may want to consider these three tips.
Remember, a key measure of success will be whether the training has a positive impact on staff behaviour and helps them manage risk.
See our range of courses, from general compliance awareness training for your front/back-office staff; skills-based training for your Compliance/FCC team, or focused briefings for your senior management.
About the Author
Michael Sacks started his career as a lawyer, advising on UK and international regulation. In 2005, he set up a global compliance training provider which developed online and classroom training for major financial groups, regulators and multi-national companies. As one of the lead subject matter experts, he delivered compliance training on a wide range of regulatory topics, including financial crime, market conduct, information security and conduct risk.
Michael has worked with regulators and industry bodies, including the FSA (now FCA), the JMLSG and the BSR/UN Global Compact, to develop training and awareness initiatives in relation to major legal and regulatory events. He is also the author of ‘Financial Services Regulation - A Practical Guide’ which was endorsed by Sir Callum McCarthy, former Chairman of the FSA.