Financial Crime World

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Belgian Finance Professionals Urged to Prioritize Ethics and Compliance

In an effort to strengthen the financial industry’s integrity, a new course has been launched in Belgium focusing on compliance and ethics in finance. The “Master in Business Engineering, Professional Focus in Financial Engineering” at the University of Liège offers a unique opportunity for students to delve into the critical importance of integrity in financial markets.

Course Overview

The course, taught by Professor Yves Francis, aims to equip students with a rigorous approach to analyzing internal control and compliance weaknesses in organizations. Through real-life examples and case studies, participants will gain an understanding of:

  • The main cognitive biases that often lead to improper behavior
  • The roles of compliance, risk, internal audit, and regulatory professionals in promoting integrity

Course Details

The course is tailored for students with an audit or financial management background, requiring a good understanding of the building blocks of those disciplines acquired during bachelor and master years. The language of instruction is English, and the duration is 30 hours, equivalent to five credits.

Throughout the course, students will engage in:

  • Theory sessions
  • Ethical standards and basic rules of professional conduct (CFA)
  • Practical examples
  • Imposed readings of financial scandals case studies
  • Presentations by external guest experts on compliance and regulatory matters

Assessment Method

The assessment method consists of:

  • A written analysis of two case studies
  • A verbal defense in December 2023

Why This Course Matters

This course is essential for finance professionals seeking to stay ahead in the ever-evolving landscape of regulations and ethics. By focusing on compliance and ethics, students will develop a deeper understanding of the importance of integrity in financial markets, enabling them to make informed decisions and contribute positively to the industry.

Enrollment Information

Enrollment is now open for this unique opportunity to gain a comprehensive understanding of compliance and ethics in finance. Contact Professor Yves Francis at yfrancis@uliege.be for more information.