Financial Crime World

Compliance Training for Financial Institutions in Dominica: A Vital Investment

Financial institutions in Dominica are being urged to invest in compliance training to stay ahead of the curve and avoid costly fines. The International Compliance Association (ICA) has launched a comprehensive course designed specifically for regulated firms outside the financial services sector, such as oil and gas, aerospace, and telecoms.

What is the ICA Advanced Certificate in Business Compliance?

The ICA Advanced Certificate in Business Compliance is a six-month, part-time program that combines guided online study with live virtual classrooms delivered through interactive technology. The course covers essential topics such as:

  • Context of Compliance: Understanding the regulatory environment and the importance of compliance
  • Building an Effective Control Framework: Implementing policies and procedures to ensure compliance
  • Risk Management: Identifying, assessing, and mitigating risks
  • Financial Crime Risk: Preventing and detecting financial crimes

Benefits of Completing the Course

Upon completion of the course, students will gain actionable, practical skills to undertake their roles with confidence. They will also be able to:

  • Analyze risk more effectively
  • Boost their professional profiles by earning an internationally recognized qualification awarded in association with Alliance Manchester Business School, the University of Manchester

Enrolment Dates and Fees

The next enrolment dates for the course are:

  • August 19, 2024
  • October 28, 2024

The fee for the course is [insert fee], which includes applicable local taxes and membership fees. A discount of 15% is available to students from countries on the ICA’s list.

Payment Options

Students can choose from a variety of payment options, including:

  • Full payment by credit or debit card
  • Four interest-free instalments
  • An invoice option for employers paying for the course

Why Compliance Training is Important

The ICA has emphasized the importance of compliance training, stating that it is essential for regulated firms to stay ahead of the curve and avoid costly fines. The organization’s qualifications are internationally recognized as evidence of high levels of competence in regulatory and financial crime compliance.

For more information on the course, including dates, fees, and enrolment details, visit [insert website].