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Jadarat
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(4.0/ 5) 5 Reviews
The training program was prepared to qualify participants for a specialized certificate in the field of regulatory compliance
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5 Learner Rating
The training program was prepared to qualify participants for a specialized certificate in the field of regulatory compliance
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Employees in the departme...
Employees in the departments of compliance and anti-money laundering in financial and non-financial institutions
This provides you with the opportunity to select the available times that suit you best for participation in our program. These times represent slots during which we are ready to welcome you and provide assistance and guidance.
Definition of compliance function
Compliance function objectives
Non-compliance Risk
Compliance culture
Compliance function Responsibility
The duties of the compliance officer
- Board of Directors' responsibilities on compliance function
Executive management responsibilities for compliance function
Third-party compliance requirements:
The compliance requirements issued by the regulatory and supervisory authorities in Saudi Arabia, related to the work of financial and non-financial institution
Compliance requirements in banks
Compliance requirements in insurance companies
Compliance requirements in finance companies
Compliance requirements in exchange companies
Compliance requirements in non-profit associations and organizations
Elements of the compliance program
Annual compliance plan on risk-based approach
Compliance reports
The relationship between the compliance and other departments in the financial and non-financial institution
The role of regulators in activating the compliance function
Definition of money laundering in accordance with the relevant regulations in Saudi Arabia
Stages of money laundering operations
The risks of money laundering
Examples of laundering money through financial and non-financial institutions and suspicion indicators
Definition of terrorism
The requirements of combating terrorism and its financing in accordance with the relevant regulations and rules in Saudi Arabia
The relationship between money laundering and terrorist financing
Anti-Money Laundering Compliance Program
Risk assessment methodology
International and regional focus on AML and CTF :
Financial Action Task Force (FATF)
Basel Committee on Banking Supervision
The World Bank and the International Monetary Fund
Agmont Group
Wolfsburg Group
EU- directives
Middle East and North Africa Group (MENA FATF)
Summary of Saudi Arabia's initiatives and efforts in combating money laundering and terrorist financing
The concept of governance
Governance objectives and elements
Relationship parties in corporate governance
The main principles of governance in banks issued by the Saudi Arabian Monetary Agency
The Regulation of the Governance of Insurance Companies issued by the Saudi Arabian Monetary Agency
The Regulation of Corporate Governance issued by the Capital Market Authority
The Regulation of governance of unlisted joint stock companies issued by the Ministry of Trade and Investment
Knowing and understanding the compliance function
Clarifying the tasks and responsibilities of the compliance officer
Knowing the risks of non-compliance
Knowing creation of compliance culture environment in financial and non-financial institutions
Understanding the requirements of the risk-based compliance monitoring program
Knowing the development of a compliance policy and a risk-based plan
Knowing the concept of money laundering and financing terrorism and its risks
Understands the indications of suspected money laundering and financing terorrism
Knowing the requirements of combating money laundering and terrorist financing
Understands how to develop a program to anti- money laundering and financing terorrism with specific financial and non-financial institutions
knowing the regional and international efforts and initiatives to counter money laundering and financing terrorism
Knowing the concept of corporate governance
Knowing the basic principles of corporate governance
Knowing the relationship parties in corporate governance
Understands the regulations and rules related to corporate governance in Saudi Arabia
