Every organization faces a myriad of risks that can threaten its operations, reputation, and bottom line. A robust, effective compliance program can make the difference between companies that successfully navigate those risks, and those that become cautionary tales In today’s times of uncertainty and fast-paced technological and economic changes, every organisation must deal with a multitude of risks that can at some point threaten its vision, processes, and reputation.
The legal formalities that come with violating any compliance laws set by regulatory authorities can also take a toll on the stability of the business as well as its employees.
Why is Regulatory Compliance Management such an important topic? Compliance and risk management are indispensable topics that are appealing to many organisations today, with an increasing interest from specific industries like the government sector.
Although there are different models for governance and risk management, most of these standards intend to control risks effectively and coordinate relationships between a company and its stakeholders. However, it is important to note that governance, risk management, compliance and effective controls are all part of one holistic structure. A vigorous and efficient compliance program is what makes the difference between companies that effectively sail across those risks and those that succumb to them. Unfortunately, not all companies have this outlook towards compliance and risk management and this course aims to change that.
- Understanding compliance and the regulatory environment
- International Regulation
- Compliance in practice
- Managing the risk of money laundering and proliferation financing
- Financial crime prevention
- Stakeholders in corporate Governance
- Enterprise risk management
- Risk management areas
- Compliance success factors
- Produce a detailed risk-profile for your organisation
- Customise an all-inclusive compliance program with features best suited to address your organisation’s needs
- Save on legal expenses risen due to compliance violations
- Ensure that your company is running with the most streamlined processes in risk and audit management
- Employ the right people to ensure that compliance policies are implemented properly Prevent your company from the probable issues faced due to improper risk management
- Explain the factors that drive the need for anti-corruption laws and understand the consequences of breaching compliance laws in a highly legalised world
- Create strategies for implementing compliance management policies including specific tools and technologies, and then monitoring and training of these policies to build an effective privacy compliance program
- Tailor a comprehensive compliance program with features best suited to address your organization’s specific risk profile.
- Develop strategies for implementing the technologies, policies, monitoring, and training for building an effective privacy compliance program.
- Describe the factors that drive the need for anti-corruption laws and understand the ramifications of doing business in a highly-regulated world
- Compliance personnel
- Employees who manage or supervise compliance teams
- Employees who have recently got involved in or aim to be given compliance-based responsibilities
- Those who are individually involved in making regulatory decisions
- Workforce from Regulatory Authorities, Compliance Committees, and Auditors
- Any person who wishes to gain an understanding of the vital regulatory compliance principles and how businesses can conform to them
