CISI – Global Financial Compliance
Course Description:
Global Financial Compliance
A successful compliance function is a fundamental requirement for any effective business; in financial services it is a critical component. CISI Global Financial Compliance qualification addresses techniques used to implement successful compliance functions in organisations. It provides a comprehensive introduction to all the issues a global Compliance Officer may encounter. It further addresses international issues including the international regulatory environment, managing the risk of financial crime, governance, risk management, ethics, integrity and fairness.
- The international regulatory environment
- The compliance function
- Managing the risk of financial crime
- Ethics, Integrity and Fairness
- Governance, risk management and compliance
Key Features
- Specialist qualification – covers all the key aspects of compliance
- Globally portable – addresses international issues, reflecting the needs of a worldwide market
- Flexible study options – can be taken as a stand-alone qualification or combined with other units to achieve the full Certificate in Global Financial Compliance or Investment Operations Certificate (IOC)
- ACSI designatory letters
Who should study for Global Financial Compliance?
Compliance staff in banks, finance companies, corporate compliance officers, auditors, corporate lawyers and existing & aspiring non-executive directors
Suitable for all compliance staff and will be especially relevant to Compliance Officers.
The qualification addresses techniques used to implement a successful compliance function and provides a comprehensive introduction to all the issues a global Compliance Officer may encounter.
Entry Qualifications
It is recommended that a prospective candidate should have a reasonable exposure to compliance related aspects.
How is the qualification structured?
Global Financial Compliance can be taken as a stand-alone qualification and upon completion the candidate will get the Associate of The Chartered Institute of Securities and Investments (ACSI) status.
It can also be taken with one of the following exams:
- UK Financial Regulation
- Local regulatory paper (for international candidates)
Upon successful completion of Global Financial Compliance and one of the above regulatory papers, candidates will be awarded the Certificate in Global Financial Compliance. The Global Financial Compliance exam also qualifies as an IOC technical unit.
How is the examinations structured?
The assessment is a computer based examination which can be taken at the CISI’s computer based test (CBT) centre in Colombo.
- Two-hour paper
- 100 multiple-choice questions
- When in doubt candidate can flag the questions to review later if time permits
- Pass mark of 70%
- Results will be provided immediately
Simply send us your details, we will get back to you with more information.
Or just call us, our programme coordinators will guide you through!
Course Contents (In detail)
- The international regulatory environment
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- Models of regulation
- The international approach to regulation
- The compliance function
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- International best practice
- The role of the compliance function within a firm
- managing regulatory relationships
- Managing the risk of financial crime
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- Money laundering
- Terrorist financing and the standards required of firms
- Practical implications
- Policies, procedures and controls required of firms
- Ethics, Integrity and Fairness
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- Ethics
- Market integrity
- Fair conduct
- Fair dealing
- Governance, risk management and compliance
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- Corporate governance
- Key risk types, their application and impact on the compliance function
- Compliance risks
Next Step – Immediately after completion
- CISI membership – Obtaining Global Financial Compliance entitles candidates to join the Institute at associate level and utilise the designatory letters, ACSI. As a member of the Institute, you will enjoy the recognition of being a professional in a world of increasing competition.
Next Step – Further Qualifications
Global Financial Compliance can be taken as a stand-alone award or it can also be taken with one of the following regulatory exams:
- UK Financial Regulation
- Local regulatory paper (for international candidates)
Upon successful completion of Global Financial Compliance and a regulatory paper, candidates will be awarded the Certificate in Global Financial Compliance.
The qualification can be further advanced by taking one of the following paths;
- Investment Operations Certificate (IOC) – The Global Financial Compliance exam also forms part of the CISI’s globally recognised IOC. Once you have successfully passed the exam you can progress your studies by completing another two units to achieve the full IOC qualification. Visit cisi.org/ioc
Diploma in Investment Compliance – This qualification equips candidates with the knowledge and understanding of the financial services regulatory environment and the confidence to enforce regulatory compliance within their firm. Visit cisi.org/dipic
