Financial Crime World

Compliance Training for Financial Professionals in Kiribati

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In an effort to strengthen the financial sector in Kiribati, Oxford Compliance Regulatory Professionals has designed a comprehensive training program to equip financial professionals with the necessary skills and knowledge to understand and support regulatory compliance and enterprise-wide risk management.

Course Objectives


Upon completion of this five-day intensive 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 mitigate them effectively
  • Create a compliance culture and protect their organization’s reputation
  • Develop an appropriate Compliance Manual and establish effective systems and controls

Training Methodology


The course will employ various training methods, including:

  • Case studies
  • Group live instruction
  • Presentation
  • Discussion
  • Role-playing
  • Interactive participation

These methods are designed to provide delegates with a comprehensive understanding of the subject matter.

Organisational Impact


This training course is highly relevant to Certified Compliance Professionals (CCP) in Kiribati. Organizations will benefit greatly from their employees’ participation, including:

  • More effective support for compliance teams
  • Identifying and analyzing applicable regulatory requirements
  • Developing successful compliance programs

Personal Impact


Delegates will gain a deeper understanding of the regulatory environment, know their regulators, and understand the role of the compliance function. They will also learn how to:

  • Manage regulatory risk
  • Develop a risk-based Customer Due Diligence process
  • Understand the importance of governance, risk, and compliance

Who Should Attend?


This training course is designed for:

  • Compliance officers/managers
  • Legal professionals
  • Audit staff
  • Risk managers
  • Internal and external auditors
  • Regulators
  • AML officers
  • Accountants
  • Lawyers
  • All staff working in or aspiring to work in the compliance area

Course Outline


The five-day program will cover topics such as:

Day 1: The Regulatory Environment and the Role of Regulators

  • Overview of regulatory environment
  • Roles and responsibilities of regulators
  • Key regulatory requirements and expectations

Day 2: The Compliance Functions

  • Definition and scope of compliance
  • Compliance function within an organization
  • Responsibilities of compliance officers

Day 3: Risk Management and Compliance Risk

  • Introduction to risk management
  • Identifying and assessing risks
  • Developing a risk-based approach to compliance

Day 4: Establishing an Effective Compliance Function

  • Creating a compliance culture
  • Establishing effective systems and controls
  • Implementing a risk-based approach to compliance

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

  • Overview of money laundering and financial crimes
  • Identifying and mitigating risks
  • Developing an anti-money laundering program

Certificate


Upon successful completion of the training course, delegates will receive a certificate from Oxford Management Centre.

Accreditation


The training course is accredited by [insert accreditation body].