Compliance in Practice

Gain insights into the practical application of compliance by considering the need for a risk-based approach, managing stakeholder behaviour, prudential compliance and the importance of maintaining financial crime compliance. Created by the subject matter experts within the International Compliance Association this certificate program highlights the value in adopting a risk-based approach to compliance and the process of risk management. It introduces you to the core elements of conduct risk, the importance of maintaining prudential compliance and the different financial crime risks faced by firms. You will also look at data protection, the impact of a global pandemic on compliance and understand the environmental, social and governance risks that firms must manage. This course is suitable for professionals working in or aspiring to work in compliance, including internal and external audit staff, those working in risk functions, and regulatory representatives. Given the level of this qualification, it would be best suited to individuals who are early in their compliance career.

• outline the benefits of taking a risk-based approach to compliance
• understand the core elements of conduct risk
• appreciate the importance of prudential compliance
• recognise the need for financial crime compliance
• detail the importance of data protection
• understand why managing change effectively is essential
• explain what is meant by environmental, social and governance (ESG) and consider the consequences for the compliance function
• describe the implications of a global pandemic on compliance