Governance, Risk Management & Compliance
Course Dates: January 17, 18, 19, 2017
Course Location: Shangri La Hotel – Dubai, UAE
Course Topics
1. Classification of Risks
- Main types of risk classes that Firms face and have to cope with
- Characteristics of the main risk classes
- Fundamental concepts of each of the risk classes
2. Introduction to ERM and its Frameworks
- Benefits and value of ERM deployment in and across an entity
- Key concepts of Enterprise Risk Management (ERM)
- Steps necessary to quantify ERM
- ERM frameworks
3. Regulatory Environment
- An overview of the regulatory environment
- The objectives of financial services regulation
- Major trends in the global regulatory environment
- Key regulations that impact (transnational) finance institutions
- Key characteristics of the more recently announced holistic regulatory changes and new legislature
- International Regulation
- The role of the regulators
- What do the Regulators expect?
- Your jurisdiction environment
- The difference between a best practice and a regulatory obligation
4. Risk Management and Compliance Risk
- Understanding a Risk-Management Approach
- The impact on the business – positively and negatively – of creating a
- Risk-Management Approach
- The need for Internal Controls
- Understand how to identify, mitigate and control risks effectively
- Approaches to risk assessment
- Compliance culture: Why it is important, and how to communicate the obligations
- Compliance Manual
- Establishing policies and procedures
- Creating a Compliance Monitoring Program
- Compliance training
- The need for independence
- Conflicts of interest
- Record keeping of Compliance reports
- Ongoing compliance with laws and regulations
- The company and other stakeholders
- Managing the regulators and change in regulations
5. Governance, Risk and Compliance – Demystified
- Overview of ‘governance’, ‘risk’ & ‘compliance’ (i.e., GRC)
- Principles & benefits associated to governance, risk & compliance
- GRC integrated approaches and their key enablers
- Role and Responsibilities of Board and Committees
6. GRC – Case Study
- Selective best practices.
- Advantages & limitation of certain aspects of ERM frameworks
- Regulatory expectations on listed companies in developed and leading countries
- Building an effective, holistic governance, risk and compliance model across an organization
Professor Dr. Gihan Gamal
- Certified Trainer from ICA- International Compliance Association , UK
- Author Of Specialized Books in Stock Market
- Economic Consultant for Council for Arab Economic Unity – Arab League
- Board Member of International Financial Institution Society (IF IS USA)
- Chairperson in ASSSI “Arab Society for Supporting Small Investo rs” NGO
- General Secretary for Arab Federation For Financial Analysts