Programme Objective
To provide overview on leading practice insights into the world of ERM and AML/CFT practices. By the end of the programme each participant will be able to:
- Revisit and revitalise board members’ learning on their roles and responsibilities regarding ERM and AML/CFT oversight
- Appreciate changes to the leading global practice ERM frameworks and the implication on Insurance companies’ ERM frameworks
- Know the legal and regulatory framework guiding ERM and AML/CFT in Nigeria
- Understand money laundering and terrorist financing terms such as offences and predicate offences, as well as the sanctions associated with them
- Understand the link and appreciate the relationship between ERM/AML and corporate governance
Programme Coverage
- Understand the link between ERM/AML and corporate governance
- Appreciate the relationships between risk management principles, framework and process
- ERM framework – ISO 31000 (2009 and 2018)
- ERM framework – COSO (2004 and 2017)
- ERM framework – IRM (2002 and updated notes)
- Which of these frameworks should be the chief cornerstone of your company’s ERM framework?
- ERM in financial services
- Boards’ role in ERM Oversight
- Legal and regulatory frameworks guiding AML/CFT in Nigeria
- The role of the board in AML/CFT compliance
- Board’s role in embedding AML compliance culture
- Offences and predicate offences of ML and penalties
- Offences of ML and penalties (Directors)
- Managing relationship with regulators and investigative/law enforcement agencies
Who Should Attend?
- Board members
- Members of the Enterprise Risk Management Committee
- Members of other relevant Board and Management Committees
- Senior executives
- Senior risk management and compliance/AML officers
Duration: 2 hours (In-house/In-plant only)
Date: As agreed with our client
Programme fee: As negotiated
Key benefits: Leading practice insights into the world of ERM and AML/CFT practices, programme materials and certificate of participation