Course Outline
Institutional Module: Fundamentals of Due Diligence
- Survey of due diligence frameworks within financial institutions
- Governance architectures, accountability, and reporting hierarchies
- Alignment with risk management and internal control mechanisms
- Synchronizing due diligence with organizational strategy and compliance culture
Management Module: Leadership and Supervision
- Board and executive duties in compliance oversight
- Formation of compliance committees and accountability structures
- Performance tracking, issue escalation, and corrective action planning
- Ethical leadership and decision-making methodologies
Marketing and Sales Module: Ethical Practices and Client Clarity
- Due diligence in client acquisition and marketing efforts
- Handling conflicts of interest and ensuring transparent disclosures
- Securing data protection and consent in customer interactions
- Oversight of sales practices regarding compliance and reputational risk
Technical Module: Operational and Data Due Diligence
- Mapping data flows and pinpointing sensitive information
- Assessing system controls and cybersecurity status
- Embedding technology risk assessments into compliance reviews
- Utilizing tools and automation for due diligence data gathering and reporting
Financial Module: Financial Soundness and Risk Assessment
- Evaluating financial performance, solvency, and liquidity metrics
- Assessing counterparties and suppliers for financial stability
- Preventing financial crime: AML, CFT, and sanctions screening
- Fraud identification, internal auditing, and red flag detection
Legal and Regulatory Module: CRS, FATCA, and Global Compliance Duties
- Comprehending Common Reporting Standard (CRS) and FATCA mandates
- Due diligence for tax residency, indicia investigation, and self-certification
- Core legal frameworks: OECD, MCAA, and domestic execution
- Handling penalties, remediation, and reporting responsibilities
Environmental, Health and Safety, and Business Integrity Module
- Incorporating ESG into due diligence practices
- Health and safety compliance in financial and operational activities
- Business integrity policies and anti-corruption strategies
- Reporting on sustainability risks and compliance shortcomings
Information Technology Module: Data Governance and Security Adherence
- IT governance models and digital risk management
- Standards for data integrity, retention, and traceability
- Regulatory compliance in digital transformation and AI integration
- Incident response, disaster recovery, and resilience strategies
Integrative Module: Governance, Risk, and Audit Preparation
- Consolidating due diligence insights across departments
- Building unified compliance dashboards and reporting structures
- Preparing for external audits and regulatory inspections
- Formulating continuous improvement and training roadmaps
Case Studies and Practical Drills
- Examining and categorizing sample client and vendor due diligence records
- Simulating a multi-module risk assessment scenario
- Constructing a corrective action and monitoring strategy
Conclusion and Future Actions
Requirements
- Foundational knowledge of financial compliance and risk management procedures
- Awareness of basic tax, regulatory, or AML/KYC principles
- Background in client onboarding or governance roles is beneficial
Target Audience
- Compliance and risk management specialists
- Legal and audit professionals
- Managers in operations, finance, and IT involved in due diligence workflows
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.
