Course Outline
Institutional Module: Core Principles of Due Diligence
- Examination of due diligence frameworks within financial institutions
- Structure of governance, accountability mechanisms, and reporting hierarchies
- Integration with risk management and internal control systems
- Aligning due diligence with organisational strategy and fostering a culture of compliance
Management Module: Leadership and Oversight
- Responsibilities of the board and executives in supervising compliance
- Formation of compliance committees and establishing accountability structures
- Monitoring performance, managing escalation, and planning corrective actions
- Frameworks for ethical leadership and decision-making
Marketing and Sales Module: Ethical Conduct and Client Transparency
- Applying due diligence in client acquisition and marketing efforts
- Managing conflicts of interest and ensuring transparent disclosures
- Safeguarding data protection and obtaining consent in customer communications
- Overseeing sales practices to mitigate compliance and reputational risks
Technical Module: Operational and Data Due Diligence
- Mapping data flows and pinpointing sensitive information
- Assessing system controls and cybersecurity posture
- Incorporating technology risk assessments into compliance reviews
- Utilising tools and automation for collecting and reporting due diligence data
Financial Module: Financial Integrity and Risk Analysis
- Evaluating financial performance, solvency, and liquidity metrics
- Assessing the financial stability of counterparties and suppliers
- Preventing financial crime through AML, CFT, and sanctions screening
- Identifying fraud, conducting internal audits, and recognising red flag indicators
Legal and Regulatory Module: CRS, FATCA, and Global Compliance Obligations
- Understanding the requirements of the Common Reporting Standard (CRS) and FATCA
- Conducting due diligence for tax residency, indicia searches, and self-certifications
- Key legal frameworks: OECD, MCAA, and local implementation
- Managing penalties, remediation strategies, and reporting duties
Environmental, Health and Safety, and Business Integrity Module
- Integrating ESG considerations into due diligence practices
- Ensuring health and safety compliance within financial and operational activities
- Implementing business integrity policies and anti-corruption measures
- Reporting on sustainability risks and identifying compliance gaps
Information Technology Module: Data Governance and Security Compliance
- IT governance frameworks and digital risk management strategies
- Standards for data integrity, retention, and traceability
- Ensuring regulatory compliance during digital transformation and AI adoption
- Planning for incident response, disaster recovery, and organisational resilience
Integrative Module: Governance, Risk, and Audit Readiness
- Consolidating due diligence findings across various departments
- Developing integrated compliance dashboards and reporting frameworks
- Preparing for external audits and regulatory inspections
- Formulating plans for continuous improvement and staff training
Case Studies and Practical Exercises
- Reviewing and classifying sample client and vendor due diligence files
- Simulating a multi-module risk assessment scenario
- Developing a plan for corrective actions and ongoing monitoring
Summary and Next Steps
Requirements
- A solid grasp of financial compliance and risk management procedures
- Basic familiarity with tax, regulatory, or AML/KYC principles
- Background experience in client onboarding or governance roles is advantageous
Target Audience
- Officers focused on compliance and risk management
- Legal and audit professionals
- Managers in operations, finance, and IT who oversee due diligence processes
Testimonials (3)
How to manage business financials
surprise mtileni - Hatima Holdings (Pty) ltd
Course - Learning Xero
Flexibility in the course delivery and the interactive approach. The trainer was open to questions, clarified doubts clearly and also considered participants suggestions during the sessions. The training was well structured and informative.
Soundarya Mohan - Mizuho Bank Europe N.V.
Course - Financial Analysis in Excel
Good communication, open for discussion, kept it interesting and engaging