Program Brief

This training program aims to prepare the participants with the knowledge and skills necessary to pass the Compliance Foundation Professional Exam. The program covers issues related to regulatory compliance and the principles of compliance with legal requirements for providing financial services. In addition, the program reviews money laundering legislation, terrorist financing, and anti-fraud laws.

Program Topic
  • Compliance and Anti-Financial Crimes
Program Goals

At the end of the training program, the participant should be able to:

  • Acquiring knowledge and skills to pass the Compliance Foundation Professional Exam.
  • Acquire necessary knowledge and skills that enable undertaking the compliance officer’s duties in finance sector, in an efficient manner
  • Identify the risks of non-compliance with laws, directives, and the requirements of anti-money laundering and terrorist financing to contribute to an effective management of those risks.
  • Understand the penalties and disciplinary action relating to breach of regulatory compliance to avoid non-compliance.
  • 5. Recognize the roles of the compliance officer in relation to combating financial crimes, AML and CTF to effectively undertake the subject roles.
Program Agenda
Module 1: The Structure of the Financial Services Sector
  • 1 Participants in financial services

    • 2 Regulatory authorities for the work of financial institutions

      • 3 The factors underlying the development and sustainability of the advanced financial services system

        • 4 Anti-competitive regulation

          • 5 The role of participants in the financial market through the provision of financial services

            • 6 Additional Jobs for the Financial Services Sector

              Module 2: The Principles and Impact of Control and Compliance
              • 1 Commitment function, importance and tasks

                • 2 Principles and requirements of the commitment unit

                  • 3 The risks of non-compliance and its repercussions and repercussions

                    • 4 Principles of the Basel Committee on the Risks of Non-Compliance and the Compliance Function of Banks

                      Module 3: Compliance Requirements of Anti Financial Crimes
                      • 1 The major characteristics of financial crimes

                        • 2 Requirements of Anti-Money Laundering and Terrorist Financing

                          • 3 Anti-fraud requirements

                            • 4 commercial cover-up

                              Module 4: Sharia Compliance Principles Relating to Financial Services
                              • 1 Introduction to Islamic banking and financial services

                                • 2 Responsibilities of senior management towards Sharia governance in financial institutions

                                  • 3 Islamic finance formulas

                                    • 4 Sharia board of directors

                                      Module 5: The Role of Regulatory Bodies with Respect to Provision of Financial Services
                                      • 1 .Scope of the international financial treaties signed by the Kingdom of Saudi Arabia

                                        • 2 The roles of the Saudi Central Bank

                                          Program Requirements

                                          Not Available

                                          Program Path

                                          Names of the training programs that are integrated (enriched) with the training program:

                                          • Not Available

                                          Names of the training programs that after the training program:

                                          Program Method
                                          • Lecture
                                          • Case Studies
                                          • Dialogue Teams
                                          • Exercises and assignments
                                          Evaluation Method
                                          • Pre Exam
                                          • Post Exam
                                          Training Type
                                          • In Class Training
                                          • Online Training
                                          Partners
                                          • معهد البحوث والدراسات الاستشارية

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