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 Duration 21 hours (3 days)

Course Outline

Institutional Module: Core Principles of Due Diligence

  • Survey of due diligence frameworks within the financial industry
  • Examining governance structures, accountability, and reporting hierarchies
  • Aligning due diligence with risk management and internal control mechanisms
  • Synchronizing due diligence efforts with organizational strategy and compliance culture

Management Module: Executive Leadership and Oversight

  • Defining board and executive roles in compliance supervision
  • Forming compliance committees and establishing accountability structures
  • Monitoring performance, managing escalations, and planning corrective actions
  • Frameworks for ethical leadership and informed decision-making

Marketing and Sales Module: Ethical Practices and Client Clarity

  • Applying due diligence in client acquisition and marketing strategies
  • Mitigating conflicts of interest and ensuring transparency in disclosures
  • Safeguarding data protection and obtaining consent in customer interactions
  • Overseeing sales methodologies to minimize compliance and reputational risks

Technical Module: Operational and Data Integrity Due Diligence

  • Tracing data pathways and pinpointing sensitive information
  • Assessing system controls and cybersecurity standing
  • Incorporating technology risk evaluations into compliance reviews
  • Leveraging tools and automation for efficient data collection and reporting

Financial Module: Integrity and Risk Assessment

  • Reviewing financial performance, solvency, and liquidity metrics
  • Evaluating the financial stability of counterparties and suppliers
  • Preventing financial crime through AML, CFT, and sanctions screening
  • Identifying fraud, conducting internal audits, and recognizing warning signs

Legal and Regulatory Module: CRS, FATCA, and Global Obligations

  • Navigating the Common Reporting Standard (CRS) and FATCA mandates
  • Conducting due diligence for tax residency, indicative searches, and self-certification
  • Understanding key legal structures: OECD, MCAA, and local implementations
  • Handling penalties, remediation steps, and reporting duties

Environmental, Health, Safety, and Business Integrity Module

  • Incorporating ESG criteria into due diligence workflows
  • Ensuring health and safety compliance in financial and operational contexts
  • Implementing business integrity policies and anti-corruption controls
  • Reporting on sustainability risks and compliance deficiencies

Information Technology Module: Data Governance and Security Compliance

  • IT governance models and digital risk oversight
  • Standards for data integrity, retention, and traceability
  • Compliance considerations in digital transformation and AI implementation
  • Planning for incident response, disaster recovery, and system resilience

Integrative Module: Governance, Risk, and Audit Preparedness

  • Unifying due diligence insights across various departments
  • Building integrated compliance dashboards and reporting models
  • Readying the organization for external audits and regulator examinations
  • Formulating continuous improvement and professional development plans

Case Studies and Practical Applications

  • Analyzing and categorizing sample client and vendor due diligence records
  • Simulating a complex, multi-module risk assessment scenario
  • Constructing a plan for corrective actions and ongoing monitoring

Summary and Future Directions

Requirements

  • Working knowledge of financial compliance and risk management procedures
  • Basic familiarity with tax, regulatory, or AML/KYC principles
  • Background in client onboarding or governance functions is advantageous

Target Audience

  • Compliance and risk management specialists
  • Legal and audit experts
  • Managers in operations, finance, and IT involved in due diligence activities

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