Course Outline
Core Module: The Foundations of Due Diligence
- An examination of due diligence structures within the financial sector
- The role of governance, accountability, and reporting hierarchies
- Intersecting due diligence with risk management and internal controls
- Aligning diligence efforts with corporate strategy and compliance ethos
Leadership Module: Oversight and Management
- The duties of the Board and executives in supervising compliance
- Forming compliance committees and defining accountability structures
- Tracking performance, managing escalations, and planning corrective steps
- Fostering ethical leadership and robust decision-making models
Commercial Module: Ethical Sales and Client Clarity
- Applying diligence standards to client acquisition and marketing
- Navigating conflicts of interest and ensuring transparent disclosures
- Safeguarding data privacy and obtaining consent in client interactions
- Oversight of sales tactics to mitigate compliance and reputational threats
Technical Module: Operational and Data Integrity
- Mapping information flows and pinpointing sensitive data
- Assessing system controls and the state of cybersecurity
- Weaving technology risk assessments into compliance reviews
- Leveraging automation tools for data collection and reporting efficiency
Financial Module: Integrity and Risk Assessment
- Reviewing financial health, solvency, and liquidity metrics
- Vetting the financial stability of counterparties and suppliers
- Preventing financial crime via AML, CFT, and sanctions checks
- Identifying fraud, conducting internal audits, and spotting warning signs
Regulatory Module: CRS, FATCA, and Global Obligations
- A deep dive into Common Reporting Standard (CRS) and FATCA mandates
- Conducting tax residency verification, indicia checks, and self-certifications
- Navigating key frameworks including OECD, MCAA, and local laws
- Handling penalties, corrective actions, and reporting duties
Sustainability and Integrity Module: ESG, Health, and Safety
- Incorporating ESG criteria into due diligence workflows
- Ensuring health and safety compliance in financial and operational roles
- Enforcing business integrity policies and anti-corruption protocols
- Reporting on sustainability risks and compliance shortfalls
IT Module: Data Governance and Security Standards
- Implementing IT governance frameworks and managing digital risks
- Adhering to standards for data integrity, storage, and traceability
- Maintaining regulatory compliance during digital transformation and AI use
- Planning for incident response, disaster recovery, and resilience
Strategic Module: Unified Governance and Audit Preparedness
- Aggregating due diligence insights across various departments
- Building cohesive compliance dashboards and reporting structures
- Preparing for external audits and regulatory examinations
- Formulating plans for continuous enhancement and staff training
Practical Application: Case Studies and Exercises
- Reviewing and categorizing sample due diligence files for clients and vendors
- Engaging in a simulated, multi-faceted risk assessment scenario
- Drafting a comprehensive corrective action and monitoring strategy
Conclusions and Forward Planning
Requirements
- Proficiency in financial compliance and risk management procedures
- Working knowledge of fundamental tax, regulatory, or AML/KYC principles
- Background in client onboarding or governance roles is an asset
Target Participants
- Officers in compliance and risk management
- Professionals in legal and audit departments
- Managers in operations, finance, and IT engaged in due diligence activities
Testimonials (4)
How to manage business financials
surprise mtileni - Hatima Holdings (Pty) ltd
Course - Learning Xero
Good communication, open for discussion, kept it interesting and engaging
Ahmet Keyman - Keytrade AG
Course - Management Accounting and Finance for Non-Finance Professionals
Experience of the trainer and his way of conveying the content
Roggli Marc - Bechtle Schweiz AG
Course - FinOps
The trainer did not leave a single minute unexploited! He was up a storm throughout every lesson and provided much material for whatever he dealt with.
