ΠΕΡΙΓΡΑΦΗ

Conducting third party due diligence is by far the most important anti-corruption control, and there are some important differences compared to conducting customer due diligence.

More-over, the upcoming EU legislation in respect of forced labour and environmental risks in the supply chain will broaden the scope of the third-party due diligence.  During this training we will discuss the ECMC 8-step approach for third-party due diligence and practice using it.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

Participants of the programme, will be able to:

• Understand the important to conduct third party due diligence
• Identify the third parties
• Understand and apply the ECMC 8-step approach towards third party due diligence
• Describe and how to mitigate or reduce risks
• Appreciate how to perform Third-Party Due Diligence

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

The course is ideal for professionals within the financial services sector, and will be particular benefit to:

• Compliance and Ethics Managers and Officers
• In-house counsel with responsibility for compliance
• Company secretaries
• Internal Auditors who audit compliance programmes
• External Accountants who have to form an opinion on compliance risks and controls
• Investigators
• Service providers to the compliance community

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Training Outline

Theory

• Why it is important to conduct third party due diligence
• How to identify the third parties
• The ECMC 8-step approach towards third party due diligence
• How to mitigate or reduce bribery and corruption risks
• ESG risks

Practice

• Practice with one or more case studies

Training Style

The programme is designed to deliver knowledge and enhance participants’ skills, through an interactive approach that includes presentations, questions and answers, discussions, best practices and case studies.

CPD Recognition 

This programme may be approved for up to 5 CPD units in Financial Regulation and AML. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership. 

This training course may be approved as an external activity under the new ACAMS recertification category ”non-ACAMS credits” for up to 5 CPD units. Eligibility criteria and CPD Units are verified directly by the Association of Anti-Money Laundering Specialists (ACAMS).