Compliance Consultancy
Consultancy and management firm

Learning Management


For any professional, setting the emphasis on a continuous learning principle might be a great way to anticipate mishaps and to prevent deplorable situations. Taking care of trainees and junior analyst's training is a recurrent action to consider, just like preserving and nourishing your staff's professional knowledge. Sometimes it is not only a good conduct behaviour but also a mandatory legal requirement.


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

A company's compliance framework must ensure that all employees who have contact with customers or who have access to clients' details and transactions (front or commercial staff) and the compliance staff, understand the reporting, client identification and verification processes, record keeping requirements and other legal obligations. This understanding is only possible by demonstrating that a proper training procedure has been effectively implemented and exercised.


Powerful Trainings give specific examples

The method of training may vary depending on the size of your business and the complexity of the subject. The training program for a small business may be less refined.
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.



Was this service page helpful ?  
Incident Reporting - Compliance Consultancy
Incident Reporting

No matter the area, accidents are sometimes inevitable. A well crafted incident rep...

Corporate Governance - Compliance Consultancy
Corporate Governance

Good corporate governance is essential to support business growth. Good governance pr...

Risk Based Approach - Compliance Consultancy
Risk Based Approach

In its most general definition, the Risk-Based Approach (RBA) is a methodolog...

Monitoring and Reporting - Compliance Consultancy
Monitoring and Reporting

Business monitoring and reporting is a continuous exercise that can save time...

BMR Benchmark Regulation - Compliance Consultancy
BMR Benchmark Regulation

What is benchmark regulation?Following the Libor (London Inter-bank Offered Rate) sca...

Ethics and Standards - Compliance Consultancy
Ethics and Standards

The integrity of your organisation is essential. The top management has to explain ho...

Adverse Media - Compliance Consultancy
Adverse Media

Have you ever heard the terms Adverse Media Screening or Negative News scraping and w...

UBO Register AML - Compliance Consultancy
UBO Register AML

What is the Ultimate Beneficiaries Owner - UBO Register ?The implementation of the us...

Compliance Action Plan - Compliance Consultancy
Compliance Action Plan

Compliance, with the applicable legal framework, depends on the Action Plan t...

Compliance Risk Assessment - Compliance Consultancy
Compliance Risk Assessment

What are Compliance Risk Assessments ?A Compliance Risk Assessment (hereafter "CR...

Policies and Procedures - Compliance Consultancy
Policies and Procedures

Policies and Procedures are the backbones of a company. We would define Pol...

Learning Management - Compliance Consultancy
Learning Management

For any professional, setting the emphasis on a continuous learning principle...

Regulatory Watch - Compliance Consultancy
Regulatory Watch

Most Financial Institutions agree that we live in an ever more complex regula...

Get in touch with us - Compliance Consultancy
Get in touch !

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
Discover Pideeco Compliance Services and Business solutions for your operational business needs
Domain Experts
Michel Cliquet - Pideeco Network Partner
Michel Cliquet
Senior Consultant
Discover
Piet De Vreese - Pideeco Network Partner
Piet De Vreese
Managing Director
Discover
Anastasia Bidjocka - Pideeco Network Partner
Anastasia Bidjocka
Junior Consultant
Discover
Pavel Matejka - Pideeco Network Partner
Pavel Matejka
Senior Consultant
Discover
Protection of Whistleblowers : What is the EU framework?
Anastasia Bidjocka

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 ?
Protection of Whistleblowers : What is the EU framework? - Pideeco Journal