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Compliance Training for Financial Institutions in Slovakia: A Must-Have for Banks
Regulatory Requirements and Compliance Risks
In today’s increasingly complex financial landscape, compliance training is more crucial than ever for financial institutions in Slovakia. With the rise of regulatory requirements and the need to prevent money laundering and other illicit activities, banks and other financial institutions must ensure they have a robust compliance framework in place.
Comprehensive Overview of Compliance Functions
A recent course offered by [Training Provider] provides financial institutions with a comprehensive overview of compliance functions, enabling them to properly identify, interpret, and escalate compliance risks. The training program covers key areas such as:
- Regulatory requirements
- Risk assessment
- Internal controls
- Essential compliance processes
Key Modules of the Course
Understanding Compliance Functions
The first module of the course delves into the definition and importance of compliance, its position within corporate governance, and the necessary steps for effective risk management. Participants will also learn about the key regulatory areas that fall under compliance functions.
Compliance Risk Assessment
The second module focuses on planning, analyzing regulatory requirements, identifying risk indicators, measuring, interpreting, and escalating compliance risks, as well as implementing corrective measures and monitoring their effectiveness.
Second-Level Controls
The third module discusses the implementation of internal control systems, parameters for controls, and the realization, interpretation, and escalation of results. Participants will also learn about corrective actions and their monitoring.
Essential Compliance Processes
The final module covers essential compliance processes such as:
- Monitoring legislation
- Reviewing new products and services
- Communication with regulators
- Training
- Complaint handling
- Complaint resolution
Special Module: Securities Compliance
A special module is dedicated to securities compliance, covering areas such as:
- Providing investment services (MiFID)
- Protecting the capital market (MAD)
- Conflict of interest (COI)
Target Audience and Course Details
The course is designed for employees of banks and other financial institutions responsible for compliance, anti-money laundering prevention, and internal auditing.
Lecturer
The training program will be led by Mgr. Ing. Lucien Strnad, a specialist in compliance with extensive experience in the field. Currently, he serves as the manager of the Securities Compliance department at UniCredit Bank Czech Republic and Slovakia, a.s.
Course Details
- Date: [Insert dates]
- Level: Intermediate
- Price: 300€ + VAT (360€) or individual/in-house pricing
- Format: Online
For more information, please contact [Training Provider].