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Corporate Governance Training for Financial Institutions in British Indian Ocean Territory
A Comprehensive Course to Enhance Compliance and Risk Management Skills
In today’s fast-paced financial landscape, effective corporate governance is crucial for institutions operating in the British Indian Ocean Territory. The Oxford Management Centre has designed a comprehensive training course to equip professionals with the knowledge and skills necessary to navigate the complexities of corporate governance, risk management, and compliance.
Course Objectives
Upon completion of this course, participants will be able to:
- Align their organization’s mission, vision, and values with good governance principles
- Develop a robust risk management framework to mitigate potential risks
- Implement effective compliance strategies to ensure regulatory requirements are met
- Enhance cooperation among risk management, internal audit, and compliance functions
Course Outline
The 5-day course is structured as follows:
Day 1: Corporate Governance - Principles and Practices
- Definition, concept, rules, principles, and added value of corporate governance
- Barriers and obstacles to full implementation of corporate governance
- Role of external and internal parties in the governance process
Day 2: Risks of Poor Governance Boards and Strategic Thinking
- Role and responsibilities of strategic boards and members
- Developing a strategic planning culture to drive sustainable growth
- Connecting challenges with strategic objectives
Day 3: Risk-Based Internal Audit
- Transition from system-based to risk-based internal auditing
- Risk-based audit methodology and control environment assessment
- Determination of internal auditing universe and risk mapping
Day 4: Compliance and Risk Management
- Definition, responsibilities, and goals of compliance
- Risk-based compliance approach and profile of the chief compliance officer
- Money laundering threats and methods, terrorist financing threats and methods, and fraud risk factors
Day 5: Identifying Risks and Mitigation Strategies
- Enterprise Risk Management (ERM) framework and fundamental concepts
- Risk control self-assessment, key risk indicators, and key performance indicators (KPI)
- Identifying credit risks, financial risks, operational risks, reputational risks, legal risks, non-compliance risks, political risks, sovereign risks, country risks, ethical risks, fraudulent risks, and criminal risks
Course Highlights
- Comprehensive coverage of corporate governance, risk management, and compliance
- Interactive sessions, case studies, and group discussions to foster learning and engagement
- Expert faculty with extensive experience in financial services and regulatory compliance
- Oxford Management Centre Certificate upon completion of the course
Accreditation
The Oxford Management Centre is a leading provider of executive education programs, accredited by various international organizations. This course is designed to meet the needs of professionals operating in the British Indian Ocean Territory.
In Association With
This course is presented in partnership with [Partner Organization], a renowned expert in financial services and regulatory compliance.