Module 1 :Financial Regulation Frameworks
Financial regulation frameworks are the laws and systems that govern the financial industry. These regulatory frameworks protect consumers, businesses, and the integrity of the financial system. They provide ongoing oversight and enforcement to make sure everybody plays by the same set of rules.
Topic's covered :
The necessity of financial regulatory frameworks
The principles behind key financial regulatory structures
Module 2 :KYC - Know Your Customer
KYC, or Know Your Customer, standards exist to protect financial institutions and consumers from money laundering, terrorist financing, corruption, and fraud. Thorough KYC processes are essential for compliance and risk management in financial organizations. As the global economy grows, there are huge benefits to KYC systems, but also challenges.
Topic's covered :
The benefits of KYC
The challenges of KYC and cryptocurrency
Compliance through the KYC 3-step framework
Module 3 :Tax Evasion (Domestic & International)
Taxes are an important part of stable and functioning societies. They help pay for a country’s health, defense, schools, and transport systems. If individuals and companies evade paying their taxes, they’re opting out of this social obligation, and breaking the law.
Topic's covered :
Difference between tax evasion and tax avoidance in the workplace
Key domestic and international examples of tax evasion
The penalties for tax evasion
Module 4 :Accounting Ethics
Accounting scandals have rocked the world in recent years, hurting investors, employees, and the general public. For those working in finance, there’s never been a more important time to consider accounting ethics. The complexity of accountancy means work must be trustworthy and carried out with professional integrity.
Topic's covered :
How ethical accounting standards contribute to fairer financial activity
The challenges to auditor independence
The 5 fundamental principles of ethical behavior
Module 5 :Finance Roles - Pre-Employment Checks
In finance, trust is everything. Anyone who’s hired will have access to important accounts and sensitive information, so pre-employment checks are essential. Background checks can throw up red flags such as criminal charges. To protect companies and customers from fraud or mismanagement, background checks are a priority.
Topic's covered :
Why employers carry out thorough pre-employment checks
The types of background checks needed to work in the financial industry
Module 6 : Gifts & Hospitality
Gifts and hospitality are great. Champagne, a luxury dinner, an all-expenses-paid trip abroad. Who wouldn’t enjoy receiving an unexpected benefit in their line of work? But if that surprise gift now meant you were expected to do something for someone else, that would be considered a bribe. Gifts and hospitality are a high-risk area for corruption.
Topic's covered :
The bribery risks of gifts and hospitality
How to identify which gifts and hospitality are appropriate
How your gifts and hospitality policy affects you
Module 7 :Anti-Corruption
In business, it’s important to do things by the book. But sometimes, corruption can find a way to sneak in through the back door and ruin everything. Unfortunately, there are many different types of corruption that can cause severe problems for a business and bring a brand into question, which can affect everyone in the company in a negative way. Corruption is a serious problem. Everyone should be able to recognise corruption so we can all start to tackle it.
Topic's covered :
The different types of potential corruption within an organization
How to minimize the risks of corruption within your team
How to carry out effective risk assessments in your role to safeguard and promote transparency
Module 8 :Dealing with Consumer Fraud
Being a customer can be very convenient, what with the advances in technology and how easy purchases and transactions can be. Unfortunately, the same can be said for being a fraudster. They can exploit advances in technology to fool customers and take advantage relatively easily. And because of this, consumer fraud is increasing by the year.
Topic's covered :
The most common types of consumer fraud and how it can affect customers
The correct procedures for reporting fraud
How to educate customers about fraud to avoid them becoming victims of it
Module 9 :Trade Surveillance & Rogue Trading
We like to think that most people are honest. Unfortunately, there are some people that like to exploit the system for their own personal gains. These people are rogue traders. And although restrictions and internal controls can be put in place, they’re never 100% foolproof. A determined rogue trader can find a way around them. In this day and age, trading is becoming more and more complex. So it’s important to monitor and identify any marketing abuse that could be taking place.
Topic's covered :
What rogue trading is and why it’s a problem
How to identify potential rogue traders by tracking trading activities
Common effective controls to prevent rogue trading
Module 10 :Greenwashing
Greenwashing involves organizations spending time and money on marketing themselves as environmentally conscious when they’re not. This can mislead those customers who prefer to buy goods and services that are friendlier to the environment. Greenwashing can obviously damage customer trust and be catastrophic for a brand. If you want to know more about greenwashing, this is the course for you.
Topic's covered :
What greenwashing means and how it can impact a business
The difference between greenwashing and green marketing
How to avoid greenwashing as a business, both inadvertently and first hand by being transparent and showing corporate responsibility
