Course Objectives

Compliance Monitoring forms the final phase in the compliance risk management process. Monitoring closes the loop which completes the compliance cycle, it provides feedback on the effectiveness of the management of compliance risks and identifies areas of weakness that need to be improved or enhanced. It is therefore highly recommended that individuals should have completed the Introduction to Compliance Management and the Compliance Risk Management Plan courses before registering for the Compliance Monitoring course.

After attending the course, attendees will:

· Understand compliance monitoring best practice and where applicable, legislated requirements.

· Know how to identify the primary objectives of compliance monitoring.

· Understand the form and methods of monitoring and which methods to use in different scenarios.

· Know how to identify the key role-players and their respective monitoring focus areas.

· Understand the concept of combined assurance and how this may impact on compliance monitoring.

Prerequisites

We highly recommend that attendees have an understanding of the GACP and have a foundational understanding of the content of – or attended the following course:

· Introduction to compliance

· CRMP's

· Control Identification and risk assessment

What is covered?

· Understand compliance monitoring best practice and where applicable, legislated requirements.

· Know how to identify the primary objectives of compliance monitoring.

· Understand the form and methods of monitoring and which methods to use in different scenarios.

· Know how to identify the key role-players and their respective monitoring focus areas.

· Understand the concept of combined assurance and how this may impact on compliance monitoring.

Detailed outline

• The methodology for the monitoring of compliance by regulators

• The methodology for compliance monitoring by management

• The methodology for compliance monitoring by the compliance officer

• The starting point of compliance monitoring

• Independent monitoring

• Effectiveness reviews

• Materiality Sampling

• Statistical sampling and non-statistical sampling

• Working papers

• The compliance reports

• Recommendations that should be addressed in the compliance report

• The review process and the relevant role players

• Issues Log

• The review process to evaluate the implementation of the Compliance Risk Management Plans throughout your organization

Format of the course

· The training is held in a classroom style, either virtually or face‐to‐face.

· Theoretical training.

· Case studies form part of the learning process.

Who should attend

• Compliance officers.

• Individuals in a compliance role tasked with monitoring responsibilities.

• Compliance monitoring specialists.

• Individuals in an internal audit role.

Investment:

Member rate: R3,450.00 incl VAT (early-bird)

Member rate: R4,830.00 incl VAT ( standard-rate)

Non-Member rate: R3,795 incl VAT (early-bird)

Non-Member rate: R5,313.00 incl VAT (standard-rate)

CPD: 12 hours

Action steps:

1: Register for this event;

2: Your application will be approved by Finance once your billing info and ticket selection has been vetted and an invoice generated (if a paid for ticket);

3a: For Paid event tickets: Upon approval of your registration, an invoice is generated;

3b: For Free event tickets or once you have paid for your ticket: You will receive a confirmation email with your access pass, a calendar event to add to the event to your calendar and a meeting link (for a virtual event) or location for in-person events;

3c: You will be able see all your registered events on MyGlue, Events icon on the left ribbon and go to the "Upcoming events" tab OR click on the ticket icon on the top ribbon on MyGlue;

4a: Any special instructions or training material will be provided to you before the time;

4b: You will receive email reminders of the upcoming event in the days and hours running up to the event;

5: Remember to complete the required instructions to claim your CPD, e.g. complete the feedback or check-in to sessions;

6: Your CPD will be issued for your attendance.