Financial Crime World

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Compliance Training for Financial Professionals in Western Sahara

In a bid to ensure regulatory compliance and enterprise-wide risk management, GLOMACS has introduced a comprehensive training course designed specifically for financial professionals in Western Sahara. The “Compliance Regulatory Professionals” training program aims to equip participants with the knowledge and skills necessary to navigate the complex regulatory landscape, promote best practices, and align business operations with international standards.

Objectives

Upon completion of this intensive training course, participants will be able to:

  • Understand the objectives and roles of regulation
  • Develop a good understanding of compliance principles
  • Identify and mitigate compliance risks
  • Create a compliance culture
  • Protect their organization’s reputation
  • Understand the relationship between compliance and corporate governance
  • Develop strategies for fighting money laundering practices

Training Methodology

The training course employs a range of interactive methods, including:

  • Case studies
  • Group live instruction
  • Presentation and discussion of worked examples
  • Role-playing
  • Group discussion Participants are encouraged to actively participate in the learning process to gain practical insights into compliance management.

Organizational Impact

The organization will benefit significantly from employee participation in this training program. Key benefits include:

  • More effective support for compliance teams
  • Better selection of compliance programs
  • Improved understanding of regulatory requirements
  • Enhanced risk management practices

Personal Impact

Individuals who complete the training course will gain a comprehensive understanding of the regulatory environment, know their regulators, and develop skills to manage regulatory risk. The program also covers essential topics such as:

  • Ethics
  • Integrity
  • Organizational risk culture
  • Financial crime prevention

Who Should Attend?

This training course is designed for:

  • Compliance officers
  • Managers
  • Legal professionals
  • Auditors
  • Risk managers
  • Internal and external audit staff
  • Regulatory representatives
  • AML officers
  • Accountants
  • Lawyers
  • Anyone working in or aspiring to work in the compliance area

The program will be delivered over five days, covering topics such as:

  • The regulatory environment
  • Compliance functions
  • Risk management
  • Establishing an effective compliance function
  • Managing the risk of money laundering and financial crimes

GLOMACS Endorsement

GLOMACS is a registered sponsor with the National Association of State Boards of Accountancy (NASBA) and is recognized as a provider of continuing professional education on the National Registry of CPE Sponsors.