Learning Management
The financial crisis of 2008 has led European Union, to adopt more and more rules for the better awareness of the banks and financial institutions over their products and services and over the Anti Money Laundering and Counter-Terrorism Financing rules, in order to protect more efficiently the investors.
Staff continuous training and new joiner trainees formation over these matters is essential in order for the institutions to be compliant with the applicable legal framework, like MiFID II , and reassure 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 revision.
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.
Business monitoring and reporting is a continuous exercise that can save time...
What is the Ultimate Beneficiaries Owner - UBO Register ?The implementation of the us...
What are Compliance Risk Assessments ?A Compliance Risk Assessment (hereafter "CR...
No matter the area, accidents are sometimes inevitable. A well crafted incident rep...
Compliance with the applicable legal framework depends on the Action Plan tha...
Have you ever heard the terms Adverse Media Screening or Negative News scrapping and ...
The integrity of your organisation is essential. The top management has to explain ho...
Most Financial Institutions agree that we live in an ever more complex regula...
Policies and Procedures are the backbones of a company. We would define Pol...
In its most general definition, the Risk-Based Approach (RBA) is a methodolog...
Setting the emphasis on a continuous learning principle under professional em...
Good corporate governance is essential to support business growth. Good governance pr...
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. th...
Return to central compliance
It did not take long after the entry into force of GDPR on 25th May 2018 for many companies that remained sceptical about the idea that Europe would impose fines from the new data protection regulation, to revise their positions and business priorities. The reality of ...
Read more Author What else ?