Recent events and crises in world financial markets have highlighted the inter-dependency of the various financial services industries that together make up the global financial marketplace. Regulation has historically been the responsibility of national or regional governments, leading to the creation of a wide variety of regulatory frameworks worldwide. In recent years, the regulatory authorities and governments across the world continue to push ahead with programmes of regulatory reform designed to prevent a repeat of the events that led to. so they require all banks and financial institutions to comply with rules, regulations and ethical standards to maintain and protect their integrity, reputation and the interests of their shareholders and depositors.
Regulatory compliance explain the objectives that financial institutions aim to achieve in their efforts to ensure that they are aware of and take actions to comply with relevant laws, policies, and regulations. Compliance with these rules will eventually protect firms from regulatory sanctions. Compliance aims to ensure that all operations in the institutions are fair, transparent, robust, safe and well governed.
If you’re an employee, manager or board member of an organization engaged in regulated activities, managing your regulatory requirements will no doubt be of major concern to you, as the risks of noncompliance are hugely significant. As well , you may wish to turn these challenges in to opportunities by setting ambitious goals for your business in order that your corporate integrity and transparency to investors differentiates you from your competitors.
This program will help ensure that you identify, manage and control any existing and future regulatory risks. It can help you manage the process to minimize financial cost and impact on internal resource. In addition our program can help you at the strategic level to maximize any competitive advantages from regulation, through to the operational level to minimize the costs and disruptions to your organization.
This GLOMACS course entitle “Compliance Regulatory Professionals“ has been designed to provide you with the right knowledge and skills needed to understand and support regulatory compliance and enterprise wide risk management, and to approach your role with confidence and enable you to effectively craft these strategies and systems and also to ensure that the rules of the game for your industry is understood and followed. As well Also, your business is going according to regulatory requirements that align with the best practices and international standards.