An Introduction to Compliance

Course Summary

Designed for participants wishing to learn about Compliance or looking to work towards becoming a Compliance Officer in the financial services industry.

Introduction

This course is at an introductory level and it is assumed that participants will have a basic knowledge of regulatory compliance. Details provided in this course will equip participants with the knowledge of regulatory compliance within the financial services industry and the responsibilities of the Compliance Officer function.

Topics

The definition of compliance – why regulate?

The regulatory background

Implementation of the correct policies, procedures, and internal controls

The role of corporate governance

Duties and responsibilities of a Compliance Officer

The Compliance Monitoring Programme

A director’s role in Compliance

Regulatory visits – key elements

Recent penalties

Course Benefits

After attending the course, participants will:

Be aware of the importance of compliance within the financial services industry and its impact

Understand their own responsibilities and what is required to ensure compliance

Have gained an awareness of the regulatory requirements

Be able to identify any compliance deficiencies within the workplace

Recognise the implications of poor compliance