Objectives

Upon completion of the programme, participants will be able to :

• Understand the role of the Central Bank of Sri Lanka, Financial Intelligence unit of Sri Lanka and International Regulatory Agencies  (FATF, APG, IMF and BIS etc.)
• Understand the legal framework and regulatory requirements pertaining to Registered Finance Companies, including the role and responsibilities of both the Compliance function and the Compliance Officer, and the skills needed to discharge these duties successfully

Course Contents

• Introduction to the LFC Industry and Regulatory Framework
• Compliance Risk Management
• Anti-Money Laundering and Counter-Terrorism Financing
• Consumer Protection and Fair Lending
• Governance and Ethics
• Emerging Issues and Challenges
• Compliance Policy and Procedure Development
• Compliance Audit and Monitoring
• Board and Board Committee Reporting
• Data Privacy and Protection
• Financial Inclusion, Responsible Lending and Sustainable Lending
• Regulatory Compliance and Examinations