Global Banking & Financial Risk
Specialist Certificate in Financial Crime Risk in Global Banking and Markets - Syllabus
Introduction to the corporate banking and financial market environment
In the following segments, we explore risks, impacts, the regulatory environment and impacts on the world of corporate banking and financial markets:
- Market Abuse, Fraud and Manipulation
- Money Laundering
- Terrorist Financing
- Tax Evasion
- Sanctions
In the following segments, we explore the basis, potential risk exposure and typologies around specific customer types. Again, we address how these manifest in the sphere of corporate banking and financial markets, and provide illustrative examples.
- Designated Non-Financial Businesses and Professions (DNFBPs)
- Asset/Fund Managers, Hedge Funds, Sovereign Wealth Funds
- Correspondent Banking/Banks
- Money Service Businesses
- Exchanges and Broker-Dealers
- Charities and Non-Profits
- Oil and Gas, Extractive Industries
- Construction
- Telecoms
- Health and Pharmaceutical
In the following segments, we review of some major financial market products including foreign exchange, securities, derivatives and their susceptibility to financial crime.
- Derivatives
- Foreign Exchange
- Loans and Syndicated Loans
- Securities
- Trade Finance
- Liquidity and Cash Management
- Mergers and Acquisitions
Finally, we explore the CDD process, its role in the financial crime risk management lifecycle and the importance of each of its constituent elements.
- The role played by Customer Due Diligence
- Who, what, when?
- Identification and Verification
- Beneficial owners
- Screening and negative news
- Know Your Customer (KYC)
- Source of Wealth/Funds
- Nature of Business
- Plausibility
- Enhanced Due Diligence (EDD)
- The risk based approach
- Ongoing Due Diligence
- Roles and responsibilities
- Risk Approval and Management