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Anti-Corruption Compliance Course

Kenya Institute of Bankers

Institution Details:

Nairobi, Kenya

Course Category:

Education & Training

Corporate

Next Start Date: 02/08/2018

End Date: 03/08/2018

Application Closing Date: 01/08/2018

Course Description

In August 2016, three Kenyan banks were fined Kes. 1 Million each for failing to report suspicious transactions relating to the Kes. 791 Million NYS scandal and handling the proceeds of crime. This was CBK’s first enforcement action relating to punishing banks and financial institutions that actively or inadvertently have systems that support corruption and money laundering. More of these cases will follow suit with several related cases already in court and the new wave of NYS alleged scandals implicating ten more banks.

This course seeks to highlight recent developments in the anti-corruption initiatives undertaken by the government and regulators and how they will have a direct impact on banks and other financial institutions. The course will also highlight international developments including adverse listing of individuals and entities and how this could impact on banks directly and indirectly.
The course will help participants develop or boost policies and operational safeguards against corruption related transactions and prevent the penalties imposed by regulators including negative publicity associated with such public disclosures. It was also demonstrate a pragmatic approach to handling ongoing or current challenges pertinent to corruption-related transactions.

Who Should Attend
1. All Department Heads
2. Risk Officers/Managers
3. Compliance Officers/Managers
4. Legal Department Officers/Managers
5. Procurement Officers/Managers
6. Internal Audit Officers/Managers
7. Operations Officers/Managers
8. Branch Managers
9. Relationship Officers/Managers
10. Treasury Officers/Managers
11. Trade Finance Officers/Managers
12. Credit Officers/Managers
13. Human Resources Officers/Managers

What You Will Learn
1. Understand corruption syndicates deeply
2. Methods used in the execution of corruption (Public & Private Sector)
3. The interface of corruption and banks/financial institutions
4. High risk entities and constructing internal watch lists
5. Laws governing corruption and other related financial crimes
6. An enterprise wide approach to mitigating corruption risks
7. The future of corruption and enforcement actions
8. Designing and executing a robust anti-corruption compliance strategy

Duration and Dates
Course Duration: Two days
Scheduled Dates: Thursday 2nd – Friday 3rd August, 2018
Venue: Safari Park Hotel

Fees
KIB Registered/Paid Member: Kes. 20,000 + VAT
KIB Non-Member: Kes. 25,000 + VAT

For Reservation Contact: Dishon Kirima on 0720616461 or email dishon@kib.co.ke

  • Course Sub-Category Anti-Corruption Compliance
  • Course Level Tertiary
  • Qualification Awarded Certificate
  • Awarding Body KIB
  • CostKSh. 25,000 + VAT Training Fee for KIB Non-Member
  • Length Of Course 2 Days
  • Class Size
  • Course Location/BranchSafari Park Hotel

Course Requirements

1. All Department Heads
2. Risk Officers/Managers
3. Compliance Officers/Managers
4. Legal Department Officers/Managers
5. Procurement Officers/Managers
6. Internal Audit Officers/Managers
7. Operations Officers/Managers
8. Branch Managers
9. Relationship Officers/Managers
10. Treasury Officers/Managers
11. Trade Finance Officers/Managers
12. Credit Officers/Managers
13. Human Resources Officers/Managers

Course Advertisement Details

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  • Featured Course – Start Date
  • Email address to receive queries training@kib.co.ke

Institution Details

The Kenya Institute Of Bankers (KIB) is the world’s leading institute for business continuity. Established in 1979, the KIB has established itself as the leading membership and certifying organization for Business Continuity professionals worldwide.

Our Mission
To champion best practice in the delivery of financial services education, to promote professionalism, self-regulation and acceptable standards in the Financial Services Sector, through innovative learning, codes of conduct, quality skills and competencies.

Vision
To become the leading professional body in the promotion and delivery of quality financial services education and training.

Core Values
Students deserve dependable, accurate, timely, respectful and honest responses. Advisors' responsibilities to their many constituents form the foundation upon which our Core Values rest.
1. Integrity
2. Transparency
3. Accountability

Core Areas
The Overall Responsibility of the Institute is to;
1. Produce relevantly–educated and trained career staff for the financial sector.
2. Cater for students with a wide range of abilities and backgrounds.
3. Provide Professional Qualifications and Skills Upgrading Training
4. Programmes which enjoy wide recognition and acceptance throughout the Financial Services Sector.
5. Retain and sustain continued support by Employers – Banks/Financial Institutions.
6. Be perceived by all staff/students/members to be fair and worthwhile.
7. Allow ambitious, high quality staff to acquire high qualifications.
8. Provide broad based, educational programmes for those preparing for management in the industry.

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