{"id":10572,"date":"2023-09-01T02:11:06","date_gmt":"2023-09-01T02:11:06","guid":{"rendered":"https:\/\/gd2.earrow.net\/ibslweb\/?post_type=lp_course&p=10572"},"modified":"2026-01-09T14:25:23","modified_gmt":"2026-01-09T08:55:23","slug":"diploma-in-compliance","status":"publish","type":"lp_course","link":"https:\/\/www.ibsl.lk\/?lp_course=diploma-in-compliance","title":{"rendered":"Diploma in<\/span> Compliance"},"content":{"rendered":"
\n
\n

Objectives<\/h3>\n

Upon completion of the programme, participants will be able to demonstrate:<\/p>\n

    \n
  • understanding and knowledge of the regulatory environment, including the role and powers of the Central Bank of Sri Lanka<\/li>\n
  • understanding and knowledge of the role and responsibilities of both the Compliance function and the Compliance Officer, and the skills needed to successfully discharge these<\/li>\n
  • understanding and knowledge of the issues to be considered in developing compliance policies and procedures<\/li>\n
  • familiarity with money laundering offences, key regulatory anti money laundering requirements<\/li>\n
  • familiarity with a variety of different types of financial crime, including the identification of such crimes.<\/li>\n<\/ul>\n<\/div>\n
    \n

    Course Contents<\/h3>\n

    Module I – Understanding the Regulatory Environment<\/strong><\/p>\n

      \n
    • The need for, and objectives of, regulation<\/li>\n
    • Sources of regulation<\/li>\n
    • Financial Regulatory Framework in Sri Lanka<\/li>\n
    • Corporate Governance<\/li>\n
    • Overview of commercial laws and mechanisms governing legal persons and arrangements<\/li>\n
    • International Financial Regulatory Initiatives<\/li>\n
    • Cross-jurisdictional issues<\/li>\n<\/ul>\n

      Module II – Financial Industry and Risk Management<\/strong><\/p>\n

        \n
      • Overview of Sri Lanka\u2019s financial sector<\/li>\n
      • Financial institutions and relevant Organizations in Sri Lanka<\/li>\n
      • Financial Products and Services<\/li>\n
      • Recent regulatory, market developments and trends in Sri Lanka<\/li>\n
      • Overview of Risk Management<\/li>\n
      • Risk Management and Regulation<\/li>\n
      • Specific financial service risks<\/li>\n
      • Compliance risk<\/li>\n
      • Overview of Basel Accords – Basel I, II and III<\/li>\n<\/ul>\n

        Module III-Creating Compliance Culture and the Benefits of Compliance<\/strong><\/p>\n

          \n
        • Corporate Governance and Compliance<\/li>\n
        • Creating an effective compliance environment<\/li>\n
        • The role of training in developing the right culture<\/li>\n
        • Developing a compliance training strategy<\/li>\n
        • Ethics and culture<\/li>\n
        • Corporate Social Responsibility (CSR) and Compliance<\/li>\n<\/ul>\n

          Module IV – The Role of the Compliance Officer<\/strong><\/p>\n

            \n
          • Compliance structure<\/li>\n
          • The role of the Compliance Officer<\/li>\n
          • Key compliance activities and processes<\/li>\n
          • Internal and external relationships<\/li>\n
          • Qualities required of compliance professionals<\/li>\n<\/ul>\n

            Module V – Managing the Risk of Money Laundering and Financing of Terrorism<\/strong><\/p>\n

              \n
            • Money Laundering<\/li>\n
            • Terrorist Financing<\/li>\n
            • Money Laundering vulnerabilities of particular services and products<\/li>\n
            • Understanding money laundering offences<\/li>\n
            • Designing an effective internal reporting system<\/li>\n
            • The risk-based approach to money laundering and terrorist financing<\/li>\n
            • Understanding the importance of KYC in AML efforts<\/li>\n
            • Financial Intelligent Unit (FIU) at CBSL<\/li>\n
            • Relevant Laws in Sri Lanka<\/li>\n
            • The objectives of proper staff training in AML<\/li>\n<\/ul>\n

              Module VI – Managing the Financial Crime – Market Abuse, Insider Dealing and Fraud Prevention<\/strong><\/p>\n

                \n
              • Introducing to market abuse<\/li>\n
              • Insider Dealing<\/li>\n
              • Introduction to Fraud<\/li>\n
              • Fraud Typologies<\/li>\n
              • Preventing Fraud<\/li>\n
              • The compliance role in combating Fraud<\/li>\n
              • False Accounting<\/li>\n
              • Identity Theft<\/li>\n
              • Bribery and Corruption<\/li>\n<\/ul>\n

                 <\/p>\n

                 <\/p>\n<\/div>\n<\/div>\n

                 <\/p>\n","protected":false},"excerpt":{"rendered":"

                Commencement<\/b><\/h5>\n

                Intake 01<\/b> – 29 March 2026 (Sunday 8.30 am. to 12.30 pm.)<\/p>\n

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