Informing Senior Management about Compliance Status

Starting: 3rd April 2024 17:00 -19:00 Online

Dive into the essentials of compliance with our comprehensive CPD, exploring various facets of this subject, and highlighting the pivotal role of cultivating a compliance culture for organisational success

Description

This session provides details on how to set up a Compliance Report from scratch, the main sections to be discussed, the role of the Compliance Officer and the communication with the Board of Directors.

Additionally, it covers the protocols for reporting breaches ensuring the implementation of compliance advice, and concludes with valuable recommendations aimed at fostering an enhanced compliance culture.

 

Course Topics

  • The Compliance Function
  • Compliance Risk
  • Three lines of defence
  • Compliance Monitoring Programme
  • The preparation for Compliance Report
  • Presentation of the Compliance Report and Challenges
  • Implementation of Advice and follow up
  • Compliance Culture

 

Learning Objectives

Ensuring effective communication with the Board of Directors through Compliance Reports.

 

Target Audience

Compliance Officers

 

Assessment Questions and Answers

In line with MFSA requirements, a short multiple-choice assessment will be provided by the trainer towards the end of the session. A Certificate of Attendance will be awarded to all students who attend the CPD (duration will be included on certificate). A Certificate of Achievement will be awarded to those who sit for the assessment and are successful (pass mark 60%).

Trainers

Stefan Lia, ACII, BA(Hons) Fin. Serv., MSc, CRISC

Stefan Lia currently Heads the Governance, Risk and Compliance Function at Betsson Group. His responsibilities include coordinating internal audit, managing the group insurance program, designing, implementing and managing risk management and governance processes and acting as advisor to operational management on various matters.

Stefan started his career working with a Maltese insurer where he was responsible for Commercial Insurance underwriting. This was followed by a stint at the MFSA where he spent over four years as part of the Consumer Complaints Unit. Prior to joining Betsson in his current role, he was part of the team Risk Advisory at Deloitte Malta.

Stefan holds an Advanced Diploma in Insurance from the Chartered Insurance Institute, a BA Hons in Financial Services from University of Edinburgh Napier and MSc in Risk Management from Glasgow Caledonian University and is certified in Risk and Information System Controls by ISACA.

 

 

Register Now

Please fill in the form below to register for this course.
We will contact you with the next steps in your registration process.

Why Choose Us

MITC is made up of a close-knit team with a real passion for learning and insurance, who believe in the continuous development and empowerment of individuals through learning. We understand all of the nuances and challenges that come with insurance training and, that is why we’re here to help you get your training right.

Our courses are developed following in-depth research and consultation on the subject matter and the related market, thus ensuring participant needs are met. All our trainers are experts in their field and actively contribute towards the continuous development of the courses which they deliver.

Our training services are accredited by the Malta Further and Higher Education Authority (MFHEA) and the European Qualifications Framework platforms. MITC’s homegrown insurance programmes are recognised by the renowned Chartered Insurance Institute, UK.

Let's stay in touch

Stay updated with MITC news updates and courses. We promise not to spam your email or share your email with third parties.