Global Markets and Time Zones
CPEs: 24
Instructor: Dennis Cox
Level: Intermediate
Tuition: £2,995.00
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NEW Trends in Risk, Audit and Compliance for Banks and Financial Institutions RM002A

Location: Global Markets and Time Zones

First Date: Feb 19 - 21 2024

Duration: 3 days

Programme Director: Dennis Cox FCA FCISI FISRM AIIA BFP BSc

All Dates & Locations
Venue Details

Experience the highly-interactive expert-led social learning through Virtual Classroom via Cisco WebEx from Risk Reward.

All our 2024  Live, onsite and Virtual Classroom events feature shared (or discrete) live chat between delegates and the expert, participate in topical surveys, polling questions, group exercises and case studies for a tried -and- true engaging and gratifying learning experience.

Need to bring this course in-house or to your location? Simply contact us for significant cost savings and dates to meet your specific requirements.

Agenda Highlights

Part 1:  Impact of COVID in Risk, Audit and Compliance

Part 2:  New Developments in Risk Management

Part 3:  New Developments in Internal Audit

Part 4:  New Developments in Compliance

"Each day was clear, well organised and though provoking. The trainer kept my attention and dealt with the diverse levels of understanding among the group in a sensitive manner. "
Manager, Financial Services, Big Four Accountancy Firm, Nairobi

Join us for the virtual training course that would explore the impact of Covid-19 in financial risk management, audit and compliance, and how to make effective response to the key regulatory development and challenges including the revised three lines of defence paper from IIA, BIS guidance, and regulation requirements.

This practical course will offer provide delegates with the techniques they need to understand the current trends across the financial and banking industries as well as how these have changed as a consequence of the on-going crisis of 2020-2022.

New developments and the impact on organisations will be considered and discussed in details.

"A very good presentation with valuable insights into the latest regulatory papers and their industry impact."
Senior Finance Manager, Saudi Industrial
Who Should Attend

Management and staff from relevant departments may include but are not limited to:

  • Governance
  • Compliance
  • Internal audit
  • Risk management
  • Regulators
  • Consultants

Additional Course Information

What Does It Cover?
The impact of COVID on Risk, Audit and Compliance
  • It’s 2024 – Where are we now?
  • Risk, audit and compliance prior to the crisis of 2020
  • The regulatory challenges
  • Key developments in risk
  • Key developments in audit
  • Key developments in compliance
New Developments in Risk Management
  • Enterprise risk management
    • Stress testing and scenario modelling
    • Risk capacity, appetite, tolerance, and acceptance
  • Governance
  • Operational Risk
    • Revised operational risk sound practices from the BIS
    • ICT
    • Operational resilience from BIS
    • Critical operations
    • Third party risk management
    • Cyber risk
  • Credit Risk
    • Model risk
    • IFRS 9
    • Forecasting
    • Model overlays
    • Assumptions
    • Validation
  • Market Risk
    • IRRBB
    • FRTB
New Developments in Internal Audit (1)
  • Remote auditing
  • Challenges and limitations
  • Existing three lines of defence
  • Revised three lines of defence paper from IIA
  • 6 step principles based approach
  • What will this mean in practice?
  • Consistency with BIS guidance
New Developments in Internal Audit (2)
  • Fraud and financial crime auditing
  • Business acumen
  • Proactive internal audit
New Developments in Internal Audit (3)
  • Clarity on roles of 1st and 2nd line of defence
  • Impact of artificial intelligence
  • Impact on IT audit
  • Changes in communications
  • Agile communications
  • Data mining and analysis
New Developments in Compliance (1)
  • Embedding compliance into the 1st line of defence
  • The role of compliance in the 2nd line of defence
  • How is compliance changing?
  • The challenge of compliance and distance working
  • Areas unsuitable for distance working
  • Responsibility over the working environment
New Developments in Compliance (2)
  • Compliance and stress testing
  • Customer risk assessment
  • Contracting and mandates
  • Compliance reporting
New Developments in Compliance (3)
  • LIBOR transition
  • FRTB
  • Fintech Regulation
  • Money laundering and CFT
  • Sanctions
Learning Objectives

Delegates will gain specialist technical and behavioural knowledge, techniques and regulatory updates relating to the latest impacts of changes within risk, governance and compliance for the banking and financial services sectors.

Delegates who complete the course will receive a Certificate with equivalent CPD/CPE credits via email; and for those who require an assessment as a demonstration of competency via training a 20 multiple-choice questions and answers quiz, remotely invigilated with results report and 1 resit, is available at no additional charge when requested at time of reservation.


Social Learning & Methods

Highly interactive expert-led intensive presentation, Q&A, group real-time in-depth case studies, regulation and discussion supported by key principles and theory.

The virtual learning platform uses safe, industry preferred encrypted Cisco WebEx to optimize live face-to-face visual interaction, discrete chat, for polling and quizzes.

(An invitation via email with access link is included for all participants.)


NEW Trends in Risk, Audit and Compliance for Banks and Financial Institutions

Course Fee

Apply discount voucher RISK10 at check out for savings before Feb15 2023

Course Fee (per person):
GBP £2,995.00 (+ UK VAT when applicable)

Number of delegates:

Data Privacy & Update of Contact Details Risk Reward Limited is fully compliant with the Data Protection Act. The information you provide will be safeguarded by Risk Reward Ltd. We do not rent, sell or exchange your details to anyone without your consent. Your details are never given to third parties. If you wish to update your details, please email: with your OLD and NEW details. Please allow 10 days to see the changes take effect. Thank you.

Terms and Conditions: You can cancel at any time. Due to the on-going COVID 19 environment cancellations may be made at any time for either a full refund or a credit towards another event occurring within the following 6 month period. Simply email or telephone the London Client Services team at to advise your preference and we will do our best to accommodate your circumstances. Risk Reward Ltd receives the right to a final decision in the event of a dispute.

All Risk Reward public courses are guaranteed to run although those offered by affiliates are subject to demand
SKU: RTA20214-1-1 Categories: ,

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