Compliance Issues in Banking and Finance

In this course, students will learn what constitute financial criminal acts, and the principles of an effective compliance and risk management framework in mitigating the spectrum of compliance risks that arise within financial institutions. Students will also learn to analyse these risks and the factors that give rise to them; and assess financial institutions’ cost of non-compliance based on the prevailing legal and regulatory framework. This course is also designed to equip students with the knowledge and ability necessary to deal with daily challenges which arise in business practices, the regulatory and reporting requirements that must be met, and the cost of non- compliance as evidenced by the fines and sanctions applicable.