Course Details

Training on Regulatory and Compliance Risk Management

INTRODUCTION

Regulatory and Compliance Risk Management ensures that an organization adheres to relevant laws, regulations, standards, and ethical practices. This Regulatory and Compliance Risk Management training program provides a structured approach to understanding, identifying, and managing risks associated with regulatory requirements and compliance issues. It is designed to equip participants with the tools and strategies necessary to mitigate these risks, enhance organizational resilience, and maintain reputational integrity.

DURATION

5 days

TARGET AUDIENCE

This Regulatory and Compliance Risk Management training is designed for:

• Compliance Officers: Professionals responsible for managing compliance programs.
• Risk Managers: Individuals tasked with overseeing organizational risk frameworks.
• Legal Advisors: Legal professionals ensuring adherence to laws and regulations.
• Internal Auditors: Those assessing compliance risks and internal controls.
• Business Leaders/Executives: Decision-makers responsible for governance and strategy.
• Employees in Regulated Industries: Professionals in sectors such as finance, healthcare, energy, and more.

 COURSE OBJECTIVES

By the end of this Regulatory and Compliance Risk Management training participants will be able to:

• Understand the fundamentals of regulatory and compliance risk management.
• Identify key regulatory frameworks and their impact on business operations.
• Assess and categorize compliance risks within their organization.
• Develop and implement effective compliance risk mitigation strategies.
• Monitor and adapt compliance measures to align with changing regulations.
• Promote a culture of compliance and ethical practices within the organization.

 COURSE CONTENT

Introduction to Regulatory and Compliance Risks

• Overview of regulatory and compliance risk
• Importance of compliance in organizational success
• Examples of regulatory breaches and consequences

Understanding Regulatory Frameworks

• Key global and regional regulatory standards (e.g., GDPR, SOX, AML)
• Sector-specific compliance requirements
• Governmental and industry regulatory bodies

Risk Identification and Assessment

• Techniques for identifying compliance risks
• Risk categorization and prioritization
• Tools for risk assessment

Compliance Risk Mitigation Strategies

• Developing compliance policies and procedures
• Implementing internal controls and checks
• Leveraging technology for compliance management

Monitoring and Reporting

• Key Performance Indicators (KPIs) for compliance monitoring
• Reporting frameworks for internal and external stakeholders
• Responding to audits and regulatory reviews

Promoting a Compliance Culture

• Leadership’s role in fostering compliance
• Training and awareness programs for employees
• Whistleblower protection and ethics hotlines

Emerging Trends and Challenges

• Adapting to evolving regulatory landscapes
• Managing compliance in a digital and globalized world
• Leveraging AI and data analytics in compliance

 CERTIFICATION

• Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

• Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

• Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

• Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com