Training in Compliance

A complete and modular training program

In order to set up a solid and reliable framework aiming at professionalising the function of Compliance Officer, IFBL and ALCO have jointly developed a complete training program. The concept is based on the principle of modular course units, tests and the validation of the professional knowledge on different levels:

• Fundamentals of a Compliance Officer's Function
  This course represents a common basis for further specialisation in different fields of compliance, such as in Private Banking or Investment Funds.
  Participants:
  • Any person from inside or outside the bank interested in the Compliance function, especially
  • Employees working in a Compliance environment
  • Employees working in a legal department
  • Internal controllers
  • Client relationship employees
  • Customer advisors
  • Transfer agent employees
  • Fund distribution sector employees
  • Fund engineering employees
  • Employees involved in Compliance-related matters
  
• Implementing the regulatory framework in Private Banking
  This module is focusing on different case studies based upon a specific Private Banking environment.
  Participants:
  • Any person working in a Compliance function or
  aspiring to do so, especially in a Private Banking
  environment
  • Any person having successfully passed the test of
  the previous module (M1)
  
• Mastering all aspects of a Compliance Officer's function in Private Banking
  This master course covers all the technical and practical aspects a Compliance Officer has to handle as well as decide upon in the course of his/her function. The module is composed of 4 separate 2-hour units.
  Participants:
  • Any person who, after having successfully passed the test of module M2, wishes to acquire a professional
  certificate of competency in his/her profession. A practical experience in the function of a Compliance Officer is a prerequisite.
  
  Topical issues
  A number of training courses and/or short conferences on topical issues will be regularly offered. They are
  open to anyone who desires to acquire or update knowledge of this particular subject.
  Participants:
  • Any Compliance Officer wishing to update his knowledge and confirm his certification

Dates / Languages/ Duration

	Language: English	Dates
Fundamentals of a Compliance Officer's Function (details)	4 two-hour sessions (5-7 pm)	2, 9, 16 and 23 March 2010 or 13, 20, 27 April and 4 May 2010
Implementing the regulatory framework in Private Banking (details)	4 two-hour sessions (5-7 pm)	1, 8, 15 and 22 June 2010
Mastering all aspects of a Compliance Officer's function in Private Banking (details)	6 two-hour sessions (5-7 pm)	7, 14, 21, 28 October 2010 Coaching: 11 November 2010 Assessment: 2 December 2010

	Langue: Français	Dates
Connaître les principes fondamentaux de la fonction d'un Compliance Officer (details)	2 sessions de 4 heures (8h30 - 12h30)	12 et 19 mars 2010 ou 30 avril et 7 mai
Implémenter le cadre réglementaire de la fonction de compliance au Private Banking (details)	2 sessions de 4 heures (8h30 - 12h30)	4 et 11 juin 2010 ou 16 et 23 septembre 2010
Maîtriser la fonction de Compliance Officer en Private Banking (details)	2 sessions de 4 heures (8h30 - 12h30) 2 sessions de 2 heures	7 et 21 octobre 2010 Coaching: 16 novembre 2010 Assessment: 7 décembre 2010
Assessment	par groupe de travail: 1 session d'1 heure	à définir

	Sprache: Deutsch	Termine
Grundlagen der Funktion des Compliance Officers (Programmübersicht)	1 Tag (8.30 - 17.30 Uhr)	22. März 2010
Umsetzung der Compliance-Vorschriften im Private Banking (details)	1 Tag (8.30 - 17.30 Uhr)	14. Juni 2010

Examination and Certification

After the course, an examination can be taken in order to test the knowledge level in Compliance. For the first 2 modules, these tests will be in the form of a written examination, whereas the final qualification will be an oral assessment based upon a case study and evaluated by a jury. Candidates who have been
successful at all 3 levels will be granted a professional certificate of competency in the field of Compliance. However, as the profession of Compliance Officer is frequently confronted with new challenges due to the ever changing legal and regulatory environment the participation to updating training sessions is a requirement for the renewal of a once acquired certificate.