Luxembourg Banks Emphasize Compliance Training with Online Courses
Enhancing Corporate Governance through Mandatory Compliance Training
Luxembourg-based banks have made compliance training a mandatory internal control function, alongside risk management and internal audit. The Compliance function plays a crucial role in protecting the bank against various risks such as reputation, legal, and sanctions’ risks.
Seminar Overview
To cater to this requirement, a 4-day interactive seminar has been designed, focusing on the Luxembourgish experience within the framework of international standards. This comprehensive course will equip participants with a deep understanding of the Compliance Officer’s function, technical aspects, and practical decisions involved.
Objectives of the Seminar
By the end of the training program, participants will be able to:
- Understand the key principles and roles of a Compliance Officer
- Implement regulatory frameworks in specific environments
- Acquire knowledge of the legal and regulatory environment affecting a Compliance Officer
Program Highlights
The 4-day course will cover key topics including:
- Compliance Basics: definition, international bodies promoting compliance, and function fundamentals
- Establishing a Compliance Function: key responsibilities, actors, and founding documents
- Financial Crime Framework: anti-money laundering, counter-terrorism financing, tax evasion, and predicate offenses
- International Sanctions, Investor Protection, and Data Protection
- Practical Cases and Real-Life Scenarios
Target Audience
This seminar is designed for:
- Compliance officers with or without experience
- Internal auditors
- Managers and bankers seeking to improve their knowledge of managing compliance functions
- Commercial bankers, central bankers, and representatives from other financial institutions involved in legal, economic, or financial matters
Course Materials
For environmental reasons, the training material will be available for download via a portal before the start of the course. Participants can view it on their mobile devices or print it as needed.
Exam and Certification
Participants’ knowledge will be validated through a written exam at the end of the course, and they will receive a certificate of success issued by the House of Training.
Contact Information
For more information about this seminar, please contact [insert contact details].