Statutory, Legal and Compliance Requirements

In an increasingly complex and dynamic regulatory environment, organisations face heightened legal, statutory, and compliance risks. This intensive training course provides a comprehensive and practical understanding of statutory, legal, and regulatory compliance from the perspective of compliance practitioners.

The course equips participants with the knowledge, tools, and best-practice frameworks required to design, implement, and maintain effective compliance systems, while ensuring alignment with applicable laws, regulations, and international standards. Special emphasis is placed on the evolving role of the Compliance Officer, regulatory expectations, and the integration of compliance within enterprise risk management.

This course focuses on:

• Statutory, legal, and regulatory frameworks
• Roles, powers, and responsibilities of regulatory authorities (international perspective)
• Regulatory models, approaches, and enforcement mechanisms
• Duties and responsibilities of the compliance function
• Development of compliance policies, procedures, and controls
• Core legislation relevant to compliance professionals
• Risk-based compliance and monitoring techniques
• Identification and management of key compliance risk areas

Target Audience

This course is designed for professionals involved in compliance, risk, and governance functions, including:

• Compliance Officers and Compliance Staff
• Risk Managers
• Compliance Managers, Analysts, and Associates
• Contract and Commercial Managers
• Professionals with legal, regulatory, or compliance responsibilities

Day One: Understanding Risk, Statutory, Legal and Regulatory Compliance

• Effective compliance frameworks
• Prudential compliance
• Objectives of compliance
• Regulatory integrity and expectations
• Managing compliance in a dynamic environment
• Regulators and their powers

Day Two: Legal and Regulatory Environment

• Objectives and sources of law and regulation
• Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF)
• Financial crime and fraud prevention
• USA PATRIOT Act and extraterritorial regulation
• Corruption, market abuse, and insider trading

Day Three: Industry Knowledge and the Role of the Compliance Officer

• Corporate governance frameworks
• Regulatory principles
• Commercial and corporate law overview
• Compliance structures and functions
• Risk-based compliance monitoring
• Investigating compliance breaches

Day Four: Compliance in Practice

• Compliance governance
• Internal and external stakeholder relationships
• Compliance culture and professional ethics
• Internal controls and risk management

Day Five: Legislation and Risk Management

• Regulatory and legislative risk
• Designing effective risk management systems
• Managing enforcement and regulatory action
• Key risk areas: financial crime, cybercrime, bribery, corruption, and data protection

• Best-practice risk management techniques