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 (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.
