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Compliance Training for Bankers in Portugal Aims to Boost Internal Control and Risk Management

In a bid to strengthen compliance functions in commercial banking, a new training program has been launched in Portugal to equip bankers with the necessary skills to navigate the complex world of regulatory compliance.

Objectives of the Training Program

The general objectives of the training program are to design, frame, and structure the compliance function within modern banking organizations. By the end of the program, trainees will be able to perform fully functions in this area, including articulating compliance with audit and identifying scope and competences of each area.

Key Aspects Covered

  • Compliance intervention frameworks
    • Reputation
    • Legal observation
    • Money laundering issues
  • Transversal impacts of compliance on institutions
  • Best practices at the compliance level
  • Role of internal auditors in a compliance audit

The Training Program

The training program consists of six modules:

Module I: The Role of Internal Auditors in a Compliance Audit

  • Understanding the auditee’s perspective

Module II: Competencies and Training of Internal Auditors

  • Developing necessary skills for compliance audits

Module III: Tools and Methodologies for a Compliance Audit

  • Best practices for conducting effective audits

Module IV: Planning Compliance Audits

  • Strategies for designing audit programs

Module V: Developing a Compliance Audit Program

  • Implementing audit plans effectively

Module VI: Writing a Compliance Audit Report

  • Effective communication of audit findings

Benefits of the Training Program

By completing this training program, bankers in Portugal will be better equipped to manage compliance risks, improve internal control mechanisms, and refine their approach to regulatory requirements.

About High Skills - Formação e Consultoria

The course is offered by High Skills - Formação e Consultoria, a leading provider of financial training solutions in Angola, Cabo- Verde, Mozambique, Portugal, and S. Tomé e Princípe.