Anti-Bribary & Corruption Masterclass

Firms face both internal and external threats of corruption; an effective risk-based approach is essential to identify and manage vulnerabilities. Weaknesses in compliance bring serious reputational, regulatory, and legal challenges which may lead to scrutiny from regulators, governments and international bodies.

Why take this course

This training will assist the delegates to comprehend various types of bribery & corruption, how to develop an anti-bribery & corruption framework, how to undertake comprehensive third party risk assessment and to understand core regulatory requirements. Delegates will then be able to formulate appropriate firm wide and department level policies, procedures and guidance for their institutions.

It is critically important for every institution to correctly risk assess their clients from AML perspective. Failure to correctly identify and mitigate AML risks may lead to regulatory fines and expensive remediations.

The masterclass is comprised of theoretical regulatory knowledge, practical examples of risk assessment of each core risk parameter, supported by interactive discussion sessions to achieve thorough understanding required for critical decision making.

  • Relationship Managers
  • Compliance Professionals
  • Financial Crime Advisors
  • AML Officers
  • Money Laundering Reporting Officers
  • Overview of key regulations
  • Understanding different types of corruption
  • Conducting a holistic risk assessment
  • Exploring sector specific risks
  • Investigating third party risks
  • Critical decision making

Delegates of this masterclass shall be assessed through a multiple choice test at the end of the training session. Upon successful completion of this masterclass, delegates will be awarded Sigma Risk certification.

This masterclass may be delivered in person at client premises, at external location or virtually via Zoom or MS Teams.

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Full Suite of Sigma Risk Masterclasses

• Understand applicable regulations
• Third party risk assessment
• Managing conflict of intrest

• Identify key AML risks
• Conduct AML risk assessment
• Build a robust methodology

  • Correct level of due diligence
  • Identification and verification
  • Corroboration of source of wealth
  • Learn about complexity & reliance
  • Downstream banking and nesting
  • Respondent risk assessment
  • Preventing & recovering from a cyber attack
  • Identify key threat actors
  • Understand different types of cyber attacks
  • Understand the risks in gaming
  • Applicable regulatory requirements
  • Proportionate risk assessment

• Understanding digital currencies
• Corroboration of SOF/SOW
• Financial crime risks

  • Law enforcement collaboration
  • Asset tracking and confiscation
  • Suspicion activity reporting
  • Recognize key sanctions regimes
  • Establish screening & monitoring
  • Escalations & reporting
  • Attractiveness to Criminals
  • Discover emerging typologies
  • Identify red flags and warning signs