Fundamentals Of Compliance And Compliance Governance Model

Learn about Compliance, Different Laws, Acts, Regulations, Standards, Regulatory Bodies, Compliance Governance Model etc

What you'll learn
Learn about the Fundamentals of Compliance and Compliance Requirements
Learn about different Regulators including Financial Regulatory Bodies of the World
Learn about different Laws, Acts, Regulations, and Standards applicable in the World
Learn about Different Sectors such as Health Sector, Media Sector, Internet Based Companies and Financial Institutions Specific Regulatory Requirements
Learn about the Compliance Governance Models and Role of Governance of a Company or Organization in Compliance
Learn about the Roles and Responsibilities of Compliance Committee
Learn about the Key Attributes of a Strong Compliance Functions including Roles and Responsibilities
Requirements
No specific knowledge is required, however having a basic level knowledge of Compliance would be great
Description
Do you know why Regulators especially Financial Regulators, Impose significant Penalties and Fines on institutions and organizations? Do you know why heavy penalties are imposed by Regulators, (Millions of Dollars and Euros), on different Institutions and organizations? Millions of Dollars and Euros worth of penalties are imposed on different institutions.  Do you know why Companies and Organizations do not comply with applicable laws, regulations, and standards?Do you know that Regulators all around the world are constantly working on strengthening the legal and regulatory frameworks, and require companies, organizations, and institutions, to adopt robust Compliance measures, and ensure compliance? In this course, you will get the answers to the above broader key questions.In this course you will learn the Fundamentals of Compliance and the desired Compliance Governance Model, to be established by organizations, to avoid penalties and reputational losses. You will learn about what companies, institutions, and organizations do, to avoid heavy Penalties and Fines,You will learn about the Fundamentals of Compliance, Strong Compliance Culture, and Its Core Components,  You will learn about different key Regulators of the World, including SEC, FCA, FINCEN, FINTRAC, etc., You will learn about different significant Laws, Regulations, Acts, and Standards, including PCI DSS, GDPR, SOX ACT, IFRS, ISO ISMS, AML/CFT, etc.You will learn about different sectors and sector-specific laws, and regulations,  You will learn about the Compliance Governance Model, Three Lines of Defense  Model, Compliance Committee, and Compliance Function with their specific roles and responsibilities, etc. MCQs, Quizzes, and Study Resources:      Multiple Choice Questions (MCQs) are also made part of this course so that you will be able to test your knowledge gained by attending this course.Quizzes are also to be attempted by you, as part of this course.Additional study resources shall also be provided to you, as part of this course.  You will also get lifetime access to this course.  You will earn a certificate of completion after attending this course, which you can use to demonstrate your knowledge about Compliance, Laws, Regulations, Standards, Compliance Governance, etc.There is no pre-requisite for this course and this course can be completed within a few hours.Who Is This Course For?Executives, Senior Management, and Middle ManagementCompliance Professionals, including the newly appointed Chief Compliance Officer (CCO), Compliance Analysts, AML Analysts, MLROs, DMLROs, etcCompliance or Risk Management ConsultantsInternal Auditors and Internal Controls AnalystsBusiness professionalsStartup owners or FoundersBusiness, Risk, and Compliance StudentsAnyone who wants to learn about Compliance, Regulations, Laws, Standards, Compliance Governance Structures, etc. should join this course. Thank you,Happy learning.

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 Why Is This Course Important? Lets Discuss Some Important Factors

Lecture 3 Learning Outcomes of this Course

Section 2: Fundamentals of Compliance in An Organizations or Institution

Lecture 4 Compliance and Efforts for Compliance

Lecture 5 Key Sources of Compliance Requirements

Lecture 6 Example of Applicable Laws and Regulations for a Company

Lecture 7 Purpose of Compliance Sources for an Organization or Institution

Lecture 8 Understanding the differences between Laws, Regulations and Policies

Section 3: Quiz

Lecture 9 Quiz on Compliance Sources

Section 4: Fundamentals Principles of Compliance Culture

Lecture 10 What is Compliance Culture and What are Its 4 main Components

Lecture 11 How To Identify a Strong or Weak Compliance Culture in an Organization

Lecture 12 Ultimate Consequences of a Weak Compliance Culture

Section 5: Quiz 2

Lecture 13 Quiz 2 - Identification of Indicators of Weak and Strong Compliance Culture

Section 6: Famous Regulators and Famous Laws and Regulations of the World

Lecture 14 Some Famous Regulatory Bodies and Authorities in the World

Lecture 15 GDPR, HIIPAA, SOX Act, PCI DSS, AML Act, Financial Reporting Standards Explained

Lecture 16 Different Sectors and their Specific Laws and Regulations Explained

Section 7: Compliance Governance Models

Lecture 17 Three Lines of Compliance Governance Model

Lecture 18 Role of Organization's Governance in Ensuring Compliance

Lecture 19 What is Compliance Management Committee and What are Its Roles in Compliance

Lecture 20 Composition and Structure of Compliance Management Committee (CMC)

Section 8: Compliance Function

Lecture 21 What is a Compliance Function or Department?

Lecture 22 Requirements of Independence and Access Rights of of Compliance Function

Lecture 23 Compliance Communications - How Compliance Function Communicates?

Lecture 24 What is a Compliance Program and What are Its Components?

Lecture 25 What Resources are required by a Compliance Function or Compliance Department?

Lecture 26 What Skillset Is Required from a Compliance Professional or a Compliance Team

Lecture 27 Maintenance of a Centralized Compliance Database by Compliance Team

Lecture 28 Compliance Reviews and Coordination With Law Enforcement Authorities (LEAs)

Section 9: Multiple Choice Questions

Compliance Professionals, Compliance Officers, Compliance Analysts, Compliance Reviewers,Money Laundering Reporting Officers (MLRO), Anti Money Laundering (AML) Specialists, AML Analysts,,Departmental Heads of companies, Senior Managers or Managers, and other Employees,Internal Auditors,Others who want to learn about the Fundamentals of Compliance and Compliance governance Structure,Compliance and Risk Management Students