Course Outline
Institutional Module: Core Principles of Due Diligence
- Survey of due diligence structures within financial institutions
- Governance hierarchies, responsibility allocation, and reporting chains
- Harmonizing due diligence with risk management and internal control mechanisms
- Aligning due diligence efforts with organizational strategy and compliance ethos
Management Module: Leadership and Supervision
- Board and executive duties in compliance oversight
- Forming compliance committees and accountability structures
- Monitoring performance, escalating issues, and planning corrective actions
- Frameworks for ethical leadership and decision-making
Marketing and Sales Module: Ethical Behavior and Client Clarity
- Due diligence in client acquisition and promotional activities
- Addressing conflicts of interest and ensuring transparent disclosures
- Safeguarding data protection and consent in client communications
- Oversight of sales practices for compliance and reputational safety
Technical Module: Operational and Data Verification
- Tracing data flows and pinpointing sensitive information
- Assessing system controls and cybersecurity readiness
- Incorporating technology risk assessments into compliance reviews
- Utilizing tools and automation for gathering and reporting due diligence data
Financial Module: Integrity and Risk Evaluation
- Analyzing financial performance, solvency, and liquidity metrics
- Assessing the financial stability of counterparties and suppliers
- Preventing financial crime through AML, CFT, and sanctions checks
- Identifying fraud, conducting internal audits, and spotting red flags
Legal and Regulatory Module: CRS, FATCA, and Global Obligations
- Interpreting Common Reporting Standard (CRS) and FATCA mandates
- Due diligence for tax residency, indicative searches, and self-certifications
- Key legal structures: OECD, MCAA, and domestic enforcement
- Handling penalties, remediation, and reporting duties
Environmental, Health, Safety, and Business Integrity Module
- Incorporating ESG criteria into due diligence practices
- Health and safety compliance in financial and operational activities
- Business integrity policies and anti-corruption strategies
- Documenting sustainability risks and compliance shortfalls
Information Technology Module: Data Governance and Security Adherence
- IT governance models and digital risk oversight
- Standards for data integrity, retention, and traceability
- Regulatory compliance in digital transformation and AI implementation
- Incident response, disaster recovery, and resilience planning
Integrative Module: Governance, Risk, and Audit Preparation
- Synthesizing due diligence insights across departments
- Building integrated compliance dashboards and reporting structures
- Getting ready for external audits and regulator examinations
- Crafting continuous improvement and training roadmaps
Case Studies and Practical Drills
- Examining and categorizing sample client and vendor due diligence records
- Simulating a complex, multi-module risk assessment scenario
- Formulating a corrective action and monitoring strategy
Wrap-up and Future Directions
Requirements
- A solid grasp of financial compliance and risk management workflows
- Acquaintance with fundamental tax, regulatory, or AML/KYC concepts
- Background in client onboarding or governance functions is advantageous
Target Audience
- Compliance and risk management specialists
- Legal counsel and audit professionals
- Managers in operations, finance, and IT involved in 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.
