Financial Crime World

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Compliance Training for Financial Institutions in Burundi

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As part of good corporate governance, compliance has become an essential component in the financial sector. In Burundian banks, the Compliance function plays a crucial role as a mandatory internal control function alongside Risk Management and Internal Audit.

The Importance of Compliance

The Compliance function serves to protect banks against various risks such as reputation, legal, and sanctions’ risks.

Objectives

By the end of this seminar, participants will gain a comprehensive understanding of the Compliance Officer’s function, covering technical and practical aspects as well as decision-making processes. They will also be able to:

  • Implement regulatory frameworks through case studies
  • Develop a good grasp of the legal and regulatory environment

Programme

The 4-day programme will cover key compliance topics, including:

  • Compliance fundamentals: international bodies promoting compliance, establishing a Compliance function
  • Key compliance responsibilities: actors’ roles, founding documents
  • Financial crime framework:
    • Anti-money laundering (AML)
    • Counter-terrorism financing (CFT)
    • Tax evasion
    • Investor protection
  • International sanctions
  • Data protection
  • Predicate offence: market abuse

Target Audience

This seminar is designed for:

  • Compliance officers with or without experience
  • Internal auditors
  • Managers and bankers seeking to improve their knowledge of managing the compliance function
  • Commercial bankers, central bankers, and representatives from other financial institutions involved in legal, economic, or financial matters

Modalities

The course material will be available for download via a portal before the start of the course. No paper version will be provided due to environmental reasons.

Certificate

Participants who pass the exam will receive a certificate of success issued by House of Training.

For more information, please contact [insert contact details].