Planning and Implementing an Ethics & Compliance Risk Assessment Program

Why Should You Attend:

In this hands-on course, we provide a wealth of practical tips on how to go about these tasks.

Along the way we are also going to look at a number of major components and themes relating to the ethics and compliance risk assessment.

The planning phase consists of six stages;

• Leadership buy-in.
• Setting up the process.
• Resources.
• Framework & methodology.
• Risk appetite.
• Automation.

The Implementation Phase has six stages too;

• Collecting the data.
• Identifying ethics and compliance risk factors.
• Inherent risk.
• Identifying, mapping and rating mitigating controls.
• Residual risk.
• Developing the action plan.

As an added bonus, the approach that we use in this course may be easily applied to any form of compliance, ethics, or conduct risk. What this means is that that the process will work equally well for data privacy, bribery and corruption, conflict of interest, financial integrity and fraud, modern slavery and other forms of economic crime.

• Ethics and compliance lie at the heart of managing risk.
• Explore why ethics and compliance is so important for the modern business.
• Identify essential elements of the main regulatory ethics and compliance requirements in the US, the UK, the OECD and France.
• Discover how the COVID-19 pandemic altered the business risks.
• Recognize the key stages of the planning and implementation phases.
• Explore the different risk management frameworks.

Areas Covered in the Webinar:

• Detailed coverage of each of the 12 stages
• Definitions.
• Understanding why ethics and compliance risk assessment are so important.
• Regulations and compliance requirements in the US, the UK, France and the OECD.
• How the COVID-19 pandemic changed the risk profile and what we need to do to counter these additional risks.
• Details of the main risk management systems currently in use.

Who Will Benefit:

• Operations and business staff at all levels
• Commercial firms
• Import/Export firms
• Compliance Managers
• Compliance Analyst/Investigators
• Risk Managers
• Due Diligence Departments or Individuals
• Corporate Management
• Directors, CEOs, CFOs

Free Materials:

• Comprehensive Glossary
• Cross-references to appropriate statutory and compliance websites

Stanley Epstein
Company Director & Principal Associate, Citadel Advantage

Stanley is a Principal Associate of the Citadel Advantage Group. Since 2001, Citadel Advantage has been working with banks and financial institutions to make them safer and more profitable, through consulting and training, specifically in the key areas of Governance, Risk Management and Compliance.

Stanley has over 50 years of banking and IT experience, 33 of which were with the Standard Bank of South Africa where during the 1990s he filled an industry level role holding several key positions including that of Chairman of the PASA Risk Committee. He also represented South Africa at two sessions, in New York, of UNCITRAL (the United Nations Commission on International Trade Law).

He holds a Master Degree in Economics and a Bachelor of Commerce (BCom.) degree, both from the University of South Africa, Pretoria.

Stanley has had extensive exposure to banking practice and banking operations in a number of countries including the USA, United Kingdom, South Africa, Israel, Europe and Australia. He has also acted as advisor to a number of central banks on payment systems, oversight, policy and payments risk issues.

He has also spent time in the high-tech sector as a payment systems designer and consultant to a global payments software developer.

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