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Introduction Key Learning Outcomes Training Methodology Who Should Attend? Outline FAQs

Introduction

Organisations today operate within increasingly complex statutory and regulatory environments shaped by evolving laws, heightened enforcement, and expanding risk scenarios. Compliance professionals and managers must not only understand legal requirements but also translate them into effective policies, controls, and behaviours that protect the organisation and its stakeholders. Failure to do so exposes organisations to regulatory sanctions, reputational damage, and operational disruption.

This Statutory, Legal and Compliance Requirements training course examines the practical realities faced by compliance officers and legal professionals working within dynamic regulatory regimes. It explores the role, responsibilities, and authority of compliance functions, alongside the expectations of regulators and enforcement bodies. Participants gain clarity on how statutory obligations, regulatory standards, and best practices interact, and how risk-based compliance frameworks can be designed, implemented, and monitored effectively. The training course adopts a practitioner-focused perspective, ensuring relevance across industries and regulatory contexts.

Key focus areas include:

Statutory and regulatory frameworks affecting organisations
Roles and responsibilities of compliance professionals
Development of effective compliance policies and procedures
Identification and management of key legal and compliance risks

Key Learning Outcomes

At the end of this Statutory, Legal and Compliance Requirements training course, participants will be able to:

Interpret statutory and regulatory obligations relevant to their organisation
Define the roles and responsibilities of compliance functions and officers
Develop and implement effective compliance policies and procedures
Identify key legal and regulatory risk areas, including financial crime and data protection
Apply risk-based compliance monitoring and control techniques
Strengthen organisational compliance culture and regulatory engagement

Training Methodology

This Statutory, Legal and Compliance Requirements training course combines expert-led instruction with practical case studies, facilitated discussions, and interactive exercises. Drawing on real regulatory scenarios and documented compliance failures, the training course ensures participants can translate legal requirements into practical, risk-focused compliance actions.

Who Should Attend?

This Statutory, Legal and Compliance Requirements training course is ideal for:

Compliance officers and compliance managers
Legal and corporate governance professionals
Risk management and internal control specialists
Regulatory affairs and policy professionals
Senior managers with compliance oversight responsibilities
Professionals involved in regulatory liaison and enforcement matters

Course Outline

Day 1

Understanding Risk, Statutory, Legal and Regulatory Compliance

What is effective legal and regulatory compliance?
Prudential compliance
What are the objectives of compliance?
What is integrity in the eyes of the regulator?
Managing regulatory compliance in a dynamic environment

Regulators and their Power

The role of the regulator
Regulatory models
Enforcement
Regulatory rules
The framework of a regulator
The potential liability of regulators

Day 2

Understanding the Legal and Regulatory Environment

The need for, and objectives of law and regulation
Sources of law and regulation
Prevention of money laundering and financial crime
Understanding money laundering offences
Designing an effective reporting system
Terrorist financing
The USA PATRIOT act and US extraterritoriality
Money laundering and tax evasion
Financial crime
Preventing fraud
Corruption
Market manipulation / misleading statements, insider dealing and market abuse

Day 3

Industry Knowledge and Awareness

Codes of corporate governance
Regulatory principles
Overview of commercial laws and mechanisms governing legal persons and arrangements
Regulators
Products and services

The Role of the Compliance Officer

Compliance structure
The role of the compliance officer
Key compliance activities and processes
Risk-based compliance monitoring
Investigating compliance breaches
Training

Day 4

Compliance in Practice

Compliance governance
Internal and external relationships
Links between compliance, culture and ethics
Specific internal compliance control issues
Risk management

Key Compliance Issues

Practical considerations
Compliance oversight and internal controls

Day 5

Legislation of Relevance to the Compliance Function: Risk Management

Understanding where disputes are most likely to arise
Understanding regulatory risk
The risk management process: What to remember when designing an effective risk management system?
Opportunities and threats from risk management developments
Dealing with regulatory issues and enforcement
Why risk management of legislative breach must be included in compliance framework?
Key risk areas: financial crime and money laundering, cyber-crime, bribery and corruption, data protection loss
Best practice risk management techniques