In recent years the role of compliance has rapidly evolved to become a critical, and often mandatory, organisational function. The role has a distinct responsibility to mitigate tangible risks, particularly in an environment of tightening regulatory controls and heightened enforcement activity, with punishments for financial crime becoming more frequent, sizable and subject to criminal, as well as civil liability.
This course ties international compliance requirements with recommended compliance frameworks designed to strengthen the compliance culture of the organisation. The course also takes an in-depth look into how to set and enhance a compliance culture in an organisation through policies, procedures and organisational relationships. It is this compliance culture that must filter into an organisation’s compliance programmes.
Risk identification and mitigation is essential to any organisation’s compliance framework. This course takes a deeper look at the common indicators of fraud and market misconduct, and ways to mitigate these risks within an organisation. With the current advancements in technology, a pertinent look at the risks of cybercrime, social media and electronic banking fraud will be included.
The facilitator will impart knowledge on how to develop and implement these compliance programmes which also includes Board reporting and other control functions (like audit). The importance of corporate governance in monitoring and implementing a compliance programme will give the participants an insight into the importance of senior management reporting and top-down approach in the implementation of the organisation’s compliance culture.
Who Should Attend
- Compliance Managers and Compliance Officers
- Anti-Money Laundering Officers and the Deputies
- Senior Management
- Company Secretaries and Corporate Governance Officers
Benefits of Attending
- Learn essential compliance concepts and frameworks
- Understand the importance of compliance culture and implementation of compliance policies
- Acquire key concepts in order to mitigate fraud and other compliance risks
- Define the role of key players and corporate governance in implementing compliance frameworks
- Identify and discuss emerging compliance issues and trends
Global Academy of Finance and Management (GAFM)
About Global Academy of Finance and Management® (GAFM)®
Established in 1996, the Global Academy of Finance and Management® (GAFM) International Board of Standards (IBS) Accreditation council is located in the EU and USA. Accredited by TUV Austria and ISO certified for both ISO 9001 Quality and ISO 29990 Training recognition, GAFM continues to forge ahead to ensure the quality of its programmes and provide a model for quality professional practice and performance, and a common reference for learning service providers (LSPs) and their clients in the design, development and delivery of non-formal education, training and development.
The Certification Board of Standards has been officially sanctioned by the Arab League’s Academy for over 20 Arab Nations and has been recognised in consultation directly with the ESCA Emirates Securities and Commodities Authority. The Certification Body is in academic standards alliance with the ACBSP National Business Accreditation Agency for Certification Standards worldwide and is a CHEA founding member of the quality assurance standards memorandum of the International Quality Group.
GAFM’s certification body regulates the standards for certification and accredited education and defines the criteria for qualified training and degree programmes which are a direct path to the certifications.
Types of GAFM™ Certifications: The Standards Policy Board awards specialised board certifications, designations, and charters in the fields of management, engineering, human resources, quality, financial engineering, accounting, management consulting, risk management, communications, procurement, logistics, construction, and consulting fields to qualified professionals who have completed internationally recognised or accredited training exams and education, government recognised degrees and documented management credentials and experience.
Sharon Ditchburn is a Fellow of the Governance Institute of Australia and ICSA (UK), a Certified Practicing Accountant, and holds legal qualifications from Australia, as well as an MBA specialising in Corporate Governance, Entrepreneurship and Strategy.
Sharon has been registered as an Authorised Individual by the DFSA since 2007 with a wide range of regulated entities, including investment banks, brokerages, trust companies and wealth managers. Sharon also has wide-ranging experience at senior management level in Australia and the UAE in industries such as energy, mining, IT and banking. Since arriving in the UAE in 2003, she has worked with a wide range of listed, private and government owned enterprises in the GCC, including financial institutions, stock exchanges, private industrial firms, government departments and family owned businesses.
Sharon is a Member of the Australian Institute of Company Directors and Association of Certified Anti-Money Laundering Specialists (USA). She is a recipient of the Solvi Stenbro Prize in Ethics (QUT). She is one of the few individuals in the GCC certified by the IFC/World Bank to deliver their Director Development Programmes.
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