course | Public Sector regulatory Compliance

Understanding Public Sector Compliance And The Regulatory Environment

• Definition of compliance and compliance management
• Importance of  compliance management 
• Practical examples of compliance management
• Risks involved and preventive methods in lines to Compliance Management
• Stakeholder validation process
• Risk assessment
• Economic success
• Environmental sustainability
• Why do we need regulation?
• The objectives of financial services regulation
• The background to regulation
• The regulatory timeline
• Consumer/investor protection

International Regulation

• The roles of the regulator
• Different regulatory models around the world
• Overview of recent international regulation
• The influence of international bodies

Compliance In Practice

• Compliance in practice
• Compliance structure
• The roles and responsibilities of a Compliance Officer/Auditor
• Key compliance activities and processes

Managing The Risk Of Money Laundering And Proliferation financing 

• How are the proceeds of crime laundered?
• The objectives of money laundering and vulnerabilities of products and services
• Understanding money laundering offences
• The relationship between the Compliance Officer and the other stakeholders
• Designing an effective internal reporting system
• The risk-based approach to money laundering
• Money laundering and tax evasion

Financial Crime Prevention 

• What is fraud?
• Frauds perpetrated against ordinary investors
• Frauds against organisations
• Preventing fraud
• Corruption

Stakeholders In Corporate Governance (CG)

• Stakeholders
• Shareholders rights
• Directors’ duties and rights
• Internal auditors and external auditors
• Risk-based decision making
• CG failure effects
• The efficient board

Enterprise Risk Management

• Risk perception
• Why should we care about risk?
• Risk management definitions
• Risk management process
• Risk prevention, management, monitoring, and control
• Internal environment changes
• External environment changes
• ISO 31000 risk management process
• ISO 31000 risk management framework and principles
• COSO ERM process
• Risk response – 4 T’s
• Control activities
• Risk management categories

Risk Management areas

• Strategic
• Operations
• Reporting
• Financial
• Health and safety

Compliance Success Factors

• ISO compliance management
• Designing a compliance process in line with a Regulatory Authority
• Implementing a compliance program
• Causes of compliance program failing
• Results of compliance failures

External Audits

• Cyber Security
• Capital Expenditures
• Data Governance
• Network Data Integrity
• Data Analytics and Continuous Auditing
• Third-Party Relationships
• Regulatory Process, Implementation and Process Improvement