AGRC Certificate in Compliance

On this accelerated AGRC Certificate in Compliance course, you'll gain an understanding of the necessary tools, information, and skills to become an in-demand professional for organizations looking to create or strengthen their compliance function.

This certificate will provide participants with a thorough understanding of the elements of effective organizational compliance, including an in-depth exploration of its concepts, considerations, and strategies for assessing risks and managing the compliance function and its related programs.

In just 2 days, you'll also gain:

• Comprehensive knowledge of compliance's backbone including issues such as: What are the sources of compliance requirements and where are they found; What behaviour satisfies compliance, and; How do compliance personnel motivate compliant behaviour throughout their organization.
• Using four practical case studies, a thorough understanding of the essential elements of effective organizational compliance, including an in-depth exploration of its main concepts, considerations, and strategies for assessing risks and managing the compliance function and its related programs.
• The necessary tools, information, practices and skills to transform you into an in-demand professional for financial institutions and other organizations looking to create compliance programs or strengthen their current compliance function.
• At the end of this course, you'll achieve your AGRC Certificate in Compliance certification. Through Firebrand's Lecture | Lab | Review methodology, you'll get certified at twice the speed of the traditional training and access courseware, learn from certified instructors, and train in a distraction-free environment.

Audience

This course is ideal for professionals looking to build a career in governance, risk and compliance, including working in functions that focus on AML, financial crime prevention, risk management, customer onboarding and more.

Module 1: The International Regulatory Environment

• Explain the difference between rules-based and principles-based approaches to compliance.
• Understand the different models of self-regulation.
• Recognise the many international regulatory organisations and national authorities, their standards, and their roles within the industry.
• Describe the different types of supervision within a compliance function.
• Interpret a firm's regulatory requirements and what activities and products these are applied to.
• List and explain the most important legislations that must be complied with by companies in the financial services world.

Module 2: The Compliance Function

• Define compliance and explain the different roles involved in an organisation's compliance function.
• Understand the key components and requirements related to the compliance function.
• Implement a sound and proper compliance programme, manual and set of policies for an organisation.

Module 3: Practical Aspects of the Compliance

• Demonstrate a good understanding of the practical aspects of the compliance function including integrating regulatory requirements and developing internal policies and procedures.
• Explain the regulatory implications of different business strategies.
• Execute proper management of an organisation's relationships with regulatory authorities.
• Describe how the compliance function differs for banking institutions and other financial service providers such as investment firms.

Module 4: Financial Crime Risk

• Discuss the role of international agencies in preventing financial crime.
• Understand the impact of financial crime on organisations.
• List and explain an organisation's responsibilities vis-√†-vis the prevention of financial crime including the required policies, procedures, and controls.
• Implement sanction checks and an effective and proper handling of politically exposed persons.

Module 5: Ethics, Integrity and Fairness

• Understand what is meant by ethical behaviour and decision-making.
• Apply an ethical approach to the compliance function and implement an ethical culture within an organisation.
• Execute an effective ethics training programme.
• Describe corporate social responsibility.
• Define and execute a professional and fair code of conduct for an organisation.
• Identify a proper set of conflicts of interest policies for an organisation.

Module 6: Corporate Governance

• Define corporate governance and how to best monitor it.
• Understand the difference between unitary and two-tiered Boards.
• Describe the audit function's contribution to corporate governance.
• Recognize the many risks involved and their impact on the compliance function.

There are no prerequisites for this accelerated course.

At the end of this accelerated course, you'll sit the following exam at the Firebrand Training Centre, covered by your Certification Guarantee:

AGRC Certificate in Compliance exam

• Duration: 60 Minutes
• Format: Multiple-choice questions; Closed-book
• Number of questions: 40
• Passing score: 70% (70/100)