Course Outline
Institutional Module: Core Principles of Due Diligence
- Introduction to due diligence frameworks within financial institutions
- Governance structures, accountability, and reporting hierarchies
- Alignment with risk management and internal control systems
- Aligning due diligence with organizational strategy and compliance culture
Management Module: Leadership and Oversight
- Board and executive duties in compliance oversight
- Formation of compliance committees and accountability mechanisms
- Performance tracking, escalation protocols, and corrective action planning
- Ethical leadership and decision-making models
Marketing and Sales Module: Ethical Conduct and Client Transparency
- Due diligence in client acquisition and marketing efforts
- Handling conflicts of interest and ensuring disclosure transparency
- Safeguarding data protection and consent in customer interactions
- Monitoring sales practices to mitigate compliance and reputational risks
Technical Module: Operational and Data Due Diligence
- Mapping data flows and identifying sensitive information
- Assessing system controls and cybersecurity posture
- Incorporating technology risk assessments into compliance reviews
- Utilizing tools and automation for data collection and reporting
Financial Module: Financial Integrity and Risk Analysis
- Evaluating financial performance, solvency, and liquidity metrics
- Assessing counterparties and suppliers for financial stability
- Preventing financial crime through AML, CFT, and sanctions screening
- Identifying fraud, conducting internal audits, and recognizing red flags
Legal and Regulatory Module: CRS, FATCA, and Global Compliance Obligations
- Interpreting Common Reporting Standard (CRS) and FATCA requirements
- Due diligence for tax residency, indicia searches, and self-certifications
- Key legal frameworks: OECD, MCAA, and domestic implementation
- Managing penalties, remediation, and reporting duties
Environmental, Health and Safety, and Business Integrity Module
- Integrating ESG considerations into due diligence practices
- Ensuring health and safety compliance in financial and operational activities
- Implementing business integrity policies and anti-corruption measures
- Reporting on sustainability risks and compliance gaps
Information Technology Module: Data Governance and Security Compliance
- IT governance frameworks and digital risk management
- Standards for data integrity, retention, and traceability
- Compliance considerations in digital transformation and AI adoption
- Incident response, disaster recovery, and resilience strategies
Integrative Module: Governance, Risk, and Audit Readiness
- Synthesizing due diligence findings across departments
- Developing integrated compliance dashboards and reporting structures
- Preparing for external audits and regulator inspections
- Creating continuous improvement and training strategies
Case Studies and Practical Exercises
- Review and classification of sample client and vendor due diligence files
- Simulating a multi-module risk assessment scenario
- Formulating a corrective action and monitoring plan
Summary and Next Steps
Requirements
- Basic understanding of financial compliance and risk management procedures
- Knowledge of fundamental tax, regulatory, or AML/KYC concepts
- Practical experience in client onboarding or governance functions is advantageous
Intended Audience
- Compliance and risk management officers
- Legal and audit specialists
- Operational, financial, and IT managers engaged in due diligence activities
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.
