This course will look at the design and implementation of a compliance monitoring framework, board interaction, how you should report to the board and what information those boar reports should contain. Crucially, it will examine how to improve the compliance culture in your organisation and promote a positive attitude towards compliance. Finally, it will cover recent developments in Guernsey using case studies.

During this session topics covered will include:

• What is compliance?
• The role of a compliance officer
• Duty, objective and responsibility
• The AML/CFT framework in Guernsey
• The regulatory framework in Guernsey
• How to be an effective compliance officer
• Compliance monitoring framework
• Interacting with the board
• Board reports
• The compliance culture
• Recent developments
• Case Study