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Compliance Training for Financial Institutions in Dominica
Dominica, a small island nation in the Caribbean, has been making strides in implementing effective corporate governance practices in its financial institutions. To support this effort, GLOMACS, an Endorsed Education Provider, is offering a comprehensive training program on Corporate Governance for Financial Institutions.
Understanding Corporate Governance
The 5-day training course aims to provide participants with a deep understanding of corporate governance, risk management, internal audit, and compliance. The program will cover the fundamental concepts of corporate governance, its guiding principles, and content elements. Participants will learn how to:
- Improve alignment to their organization’s mission, vision, and values
- Align risk and compliance in context
Risk-Based Approach
The training course will also delve into the relationship between risk management, internal audit, and compliance. Participants will gain insights on:
- Risk assessment
- Risk taxonomies and classification
- Risk-based compliance and internal audit approaches
Practical Implementation
Through a mix of lectures, exercises, group discussions, and sharing experiences, participants will learn how to practically implement corporate governance in their organizations. They will gain knowledge on the necessary components to help their organization become a principled performer.
Who Should Attend
This training course is suitable for:
- Directors
- Board secretaries
- Officers involved in the process of corporate governance
- C-suite executives
- Officers-in-charge of risk management, compliance, and internal audit functions
Training Schedule
The 5-day training program will cover topics such as:
- Corporate governance
- Risks of poor governance boards
- Risk-based internal auditing
- Risk management
- Crisis management
Endorsed Education Provider
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. This means that participants can earn continuing professional education credits upon completing the training program.
In Association With
The training program is in collaboration with Oxford Management Centre, providing participants with access to the best training services and benefits.
By attending this comprehensive training program, financial institutions in Dominica can improve their compliance practices, enhance risk management capabilities, and promote good corporate governance practices.