Learning Management
The financial crisis of 2008 has led European Union to adopt further rules to increase awareness in the banks and financial institutions for their products and services and over the Anti Money Laundering and Counter-Terrorism Financing rules, in order to protect more efficiently the investors.
Continuous staff training and new employee training is essential in order for the institutions to be compliant with the applicable legal framework, like MiFID II , and to reaffirm the adequate knowledge of the staff.
MiFID II requires more than basic knowledge and competence of the staff. It requires that the staff understands specific notions and issues as they are listed in the Directive and ESMA Guidelines.
Internal training
Powerful Trainings give specific examples
Frequency standards, regular updates, maintaining the employees informed of regulatory updates and internal policies and procedures revisions.
Employees shall understand how their institution, organisation or profession is vulnerable to be abused by criminals laundering the proceeds of crime or by terrorists financing their activities. Training should include examples of how your specific type of organisation could be used to clean illicit funds or fund terrorist activity.
No matter the area, accidents are sometimes inevitable. A well crafted incident rep...
Good corporate governance is essential to support business growth. Good governance pr...
In its most general definition, the Risk-Based Approach (RBA) is a methodolog...
Business monitoring and reporting is a continuous exercise that can save time...
What is benchmark regulation?Following the Libor (London Inter-bank Offered Rate) sca...
The integrity of your organisation is essential. The top management has to explain ho...
Have you ever heard the terms Adverse Media Screening or Negative News scraping and w...
What is the Ultimate Beneficiaries Owner - UBO Register ?The implementation of the us...
Compliance, with the applicable legal framework, depends on the Action Plan t...
What are Compliance Risk Assessments ?A Compliance Risk Assessment (hereafter "CR...
Policies and Procedures are the backbones of a company. We would define Pol...
For any professional, setting the emphasis on a continuous learning principle...
Most Financial Institutions agree that we live in an ever more complex regula...
We'll present you the technology to stop money laundering and terrorist financing
Central Compliance is the organization of all the compliance monitoring and controlling the professional activities of a given business or company thr...
Return to central compliance
On March 12 2019, the European Parliament and European Union Member States made a provisional agreement on how to protect whistleblowers. This new agreement guarantees a higher level of protection for whistleblowers than the level given in the original proposition of 2...
Read more Author What else ?