Compliance risks have become the biggest risks for global financial institutions. In the worst case, they threaten the very existence of these firms. Compliance risks are driven by regulation and en-forcement by supervisory and criminal authorities. These in turn are the result of a combination of political and social factors and changes in public values. These changing values influence both regulators and law enforcement agencies. This course is designed to allow participants to identify and distinguish the major compliance issues and risks and their evolution from other legal risks. It outlines regulators' expectations of the core ethical values of regulated firms and their compliance systems, and describes the compliance risks to firms, their managers, and compliance officers personally.
This course is stackable towards the Graduate Diploma in Compliance in Financial Services (GDC).