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Enhancing Compliance Functions in Latvian Financial Institutions
Riga, Latvia - A Comprehensive Training Program Launched
In an effort to strengthen operational compliance functions within Latvia’s credit and financial institutions, BDA Academy has introduced a comprehensive training program tailored to meet the specific needs of industry professionals.
What is the Course About?
The 5-day course aims to equip heads of structural units and employees responsible for compliance monitoring or control with a deeper understanding of the operational compliance function. By introducing theoretical material from international organizations, best practices, and solutions to tasks specific to this function, participants will be able to apply their knowledge in real-world scenarios.
Key Topics Covered
- Requirements set by international organizations
- Operational compliance risks and measures
- Managing conflicts of interest
- Ethics monitoring
- Evaluating the effectiveness of the function
Practical Application and Assessment
The program focuses on practical application, with electronic materials provided to support learning. A test is taken at the end of the training to demonstrate knowledge retention.
Benefits for Participants
By participating in this comprehensive program, industry professionals can:
- Gain practical skills in providing an effective operational compliance function
- Identify and manage risks associated with products and processes
- Learn about corporate governance compliance, risk management, and internal regulatory documentation
How to Register
For more information about the training program, contact BDA Academy by phone at +371 67505091 or email at mrn@bda.lv.
Stay Up-to-Date with International Best Practices
The BDA Academy course offers a unique opportunity for Latvian financial institutions to enhance their compliance functions and stay up-to-date with international best practices. By participating in this comprehensive program, industry professionals can ensure that their institutions are operating within regulatory requirements and minimizing risk exposure.