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Compliance Training Programmes for Financial Professionals in Chile

In today’s complex financial landscape, regulatory compliance is more crucial than ever for financial institutions operating in Chile. With the introduction of new laws and regulations, financial professionals must stay up-to-date with the latest requirements to avoid non-compliance penalties.

GLOMACS Compliance Regulatory Professionals Training Course

The GLOMACS Compliance Regulatory Professionals training course is designed to provide financial professionals with the knowledge and skills needed to understand and support regulatory compliance and enterprise-wide risk management. This comprehensive programme covers various topics, including regulatory frameworks, markets, products, and transactions, promoting best practices and international standards that align with business and regulatory requirements.

Course Objectives

By the end of this training course, participants will be able to:

  • Understand the objectives and roles of regulation
  • Develop a good understanding of compliance principles
  • Identify and understand compliance risks, and the consequences of non-compliance, to mitigate effectively the risk of compliance breaches
  • Create a Compliance Manual
  • Protect the organization’s reputation

Training Methodology

The training methodology includes:

  • Case studies
  • Group live instruction
  • Presentation and discussion of worked examples
  • Role-playing
  • Group discussions

Interactive participation is encouraged.

Organisational Impact

This training course is of direct relevance to Certified Compliance Professional (CCP) and as a result, the organizations will benefit greatly from their employee’s participation. The organization will gain from:

  • More effective support for compliance team
  • Selecting a format and content for compliance program that is appropriate for your business
  • Identifying and analyzing applicable regulatory requirements and risks in business language

Personal Impact

This Compliance Regulatory Professionals training course will be of personal benefit to delegates, providing details of the latest policies and procedures.

Who Should Attend?

This GLOMACS Compliance Regulatory Professionals training course is designed to deliver the knowledge and skills, providing details of the latest policies and procedures to:

  • Compliance Officers/Managers and their Deputies
  • Managers with responsibility for internal compliance controls
  • Legal, Audit, Risk, Operations, and IT Specialists
  • Risk Managers
  • Staff working in risk functions

Course Outline

Day 1: The Regulatory Environment and the Role of Regulators

  • An Overview of the Regulatory Environment
  • The Objectives of Financial Services Regulation
  • International Regulation
  • The Role of the Regulators
  • What do the Regulators expect?
  • Your Jurisdiction Environment
  • The Best Practice in Regulatory Obligation
  • ISO 19600: Compliance Management Systems

Day 2: The Compliance Functions

  • Compliance Structure
  • The Role of the Board of Directors, the Supervisors, the Internal and External Auditors
  • Responsibilities of the Compliance Officer
  • Key Compliance Activities and Processes
  • Compliance and Corporate Governance
  • Corporate Governance and Financial Crime Prevention
  • Compliance Training
  • Conflicts of Interest
  • Ongoing Compliance with Laws and Regulations

Day 3: Risk Management and Compliance Risk

  • Understanding a Risk Management Approach
  • Creating a Risk Management Approach
  • The Definition of Governance, Risk, and Compliance
  • The Need for Internal Controls
  • Identify, Mitigate, and Control Risks Effectively
  • Approaches to Risk Assessment
  • The Importance of Compliance Culture
  • Managing Key Relationships – external and internal

Day 4: Establishing an Effective Compliance Function

  • Factors to be Considered in Designing a Compliance System
  • Developing an Internal Compliance System
  • Implementing and Communicating Internal Compliance Arrangement
  • Compliance Manual
  • Establishing Policies and Procedures
  • Creating a Compliance Monitoring Program
  • The Need for Independence
  • Record Keeping and Compliance Reports
  • Managing the Regulators and Change in Regulations

Day 5: Managing the Risk of Money Laundering and Financial Crimes

  • Understanding Money Laundering Offences
  • MLRO and Compliance Officer
  • The Risk-based Approach to Money Laundering/Terrorist Financing
  • Suspicious Activity Monitoring, Detection, and Reporting
  • Preventing Fraud
  • Bribery and Corruption
  • Insider Trading
  • Market Abuse
  • Sanctions and their Role in the Global Economy

GLOMACS

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.

This training course has been endorsed by:

  • PetroKnowledge
  • Oxford Management Centre
  • The Energy Training Centre