Introduction

Compliance Function is developing in one of the most important functions for the banks, as well as for the financial and insurance institutions, as demonstrated by several international scandals impacting the reputation of big financial institutions.

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The content

The self-paced online course offers a substantial and detailed overview of the roles and responsibilities of the Compliance Officer in the Financial and Professional Services Sectors. 

Compliance contributes to the security of the organization and to the prevention of situations, which would impact the operation and the reputation of the organization, as well as the employees individually.

 

The need of training for the personnel working in the financial area has become imminent, in order for them to be in position to face the new challenges and to contribute, depending on their role, to the adaptation and the operation of the organization, according to the existing and forthcoming regulation. In parallel, the role of the Compliance Officer evolves progressively and Compliance has become, a new challenging career opportunity, at global level.

Flexible 

  • learning style - it includes a variety of learning tools, videos, including study notes, case studies, appraisal questions and online quizzes.
  • lifestyle - study when and where suits you via the online study portal. 
  • interactive structure - ensures that you will absorb the knowledge provided in a pleasant and intuitive manner.

Who is it for

The course is suitable for anyone working in a Compliance Function, or those that want to transition to such responsibilities. Also relevant for legal professionals that want to offer regulatory compliance support to clients, and managers from consultancy and financial services firms.

When can you start? 

This is a self paced-online course and you can register and start at any time. 

 

The course is Endorsed for CPDs by the CISI

Modules

Here is the course outline:

Introduction
In this course, we will learn about the importance of the compliance function within investment firms and banking Institutions. We will also examine the compliance function and its relationship to ethics.
Part 1: Practical Aspects of the Compliance Function Chapter 1
In this session, we will examine the compliance function in general, taking a closer look at the following items: • The role of the Compliance Officer and his place • The role, responsibilities and mission • Areas covered by the Compliance Unit • The relationship between the Compliance Officer and the Compliance Unit • Tools and methodologies that facilitate the Compliance Officer’s daily work.
Part 2: Practical Aspects of the Compliance Function Chapter 2 (Part A)
In this module we will examine the compliance function as it pertains to Investment Firms. As part of their responsibility to ensure that the Investment Firm complies with its obligations under the Law, individuals who effectively manage an Investment Firm must ensure that the compliance function fulfils its requirements. To do this, they must take into account the nature, scale and complexity of their business, as well as the nature and range of investment services and activities undertaken in the course of business.
Part 3: Practical Aspects of the Compliance Function Chapter 2 (Part B)
In this module we will further examine the compliance function for Investment Firms. As part of their responsibility to ensure that the Investment Firm complies with its obligations under the Law, individuals who effectively direct the firm must ensure that the compliance function fulfils its requirements, always taking into account the nature, scale and complexity of their business, and the nature and range of investment services and activities undertaken.
Part 4: Practical Aspects of the Compliance Function Chapter 3 (Part A)
In this module we will examine the compliance function within Banking Institutions. In the course of conducting banking business, banks and financial institutions assume risks in order to realize returns on their investments. On the other hand, risks assumed have the potential to wipe out expected returns and may result into losses to these institutions.
Part 5: Practical Aspects of the Compliance Function Chapter 3 (Part B)
In this module we will continue to examine the compliance function within Banking Institutions.

Completion

The following certificates are awarded when the course is completed:

Practical Aspects of the Compliance Function