Regulatory Compliance Specialist
Every organization faces risks that can threaten its operations, reputation, and bottom line. A robust, effective compliance program can make the difference between companies that successfully navigate those risks, and those that become cautionary tales.
This course will introduce the essential elements of effective organizational compliance by exploring the concepts, considerations, and strategies for assessing risks and managing the compliance function. You will learn the fundamental principles of effective compliance, the components of an effective compliance program and their applications, and then closely examine two of the most important areas of compliance in today’s business climate: privacy compliance, and anti-corruption. The insights from this program will be applicable to a wide range of different types of organizations, from private companies to non-profits.
· Create a thorough risk profile for your organization.
· Tailor a comprehensive compliance program with features best suited to address your organization’s specific risk profile.
· Develop strategies for implementing the technologies, policies, monitoring, and training for building an effective privacy compliance program.
· Describe the factors that drive the need for anti-corruption laws and understand the ramifications of doing business in a highly regulated world
What is Compliance?
· What is compliance? we answer those questions while also looking at some recent high-profile cases of non-compliance in the business world.
· Why is Compliance Important? Non-compliance can have massive real-world implications for the general public, not just individuals directly related to a non-compliant company. We examine laws that specifically create compliance obligations, as well as the potential costs of non-compliance.
· Compliance & Risk: Every company and organization must deal with risk, and compliance is ultimately a vehicle to mitigate risk. This module explores the close relationship between compliance and risk management. We will analyze the ways in which compliance programs manage risk, as well as alternative forms of risk management.
· Developments in the Field of Compliance: This module highlights developments in the ever-evolving world of compliance, with special emphasis on recent trends in regulatory focus.
Effective Compliance Programs
· Building a Strong Compliance Culture: How do you actually implement a culture of compliance? This module looks at the key building blocks necessary to foster a culture of compliance within any organization.
· A Closer Look at the Essentials: Once the foundations of a strong compliance culture are in place, how do you disseminate that culture throughout an organization? This module examines the policies, procedures, and trainings necessary to create a compliant culture throughout an organization.
· The Psychology of Compliance: Compliance, at its heart, is a response to a human problem. If rules were enough, compliance and enforcement wouldn’t exist. This module explores the psychology behind why non-compliance happens and strategies for getting people to comply.
· Dealing With Non-Compliance: Even in organizations with top-notch compliance programs, non-compliance is as inevitable as death and taxes. This module explores strategies for dealing with non-compliance.
Privacy Law and Data Protection
· Privacy: Legal Issues, Landscape & Chronology: We begin our study of privacy and data protection with a brief look at the development of privacy law in the U.S. Then we examine the Fair Information Principles that provide the foundation of modern privacy and data protection programs.
· HIPAA: How does a privacy law actually operate? This module looks at privacy and data protection in action, specifically using HIPAA as the framework.
· Security & Breach Notification: What is data protection actually protecting us from? This module looks at the threats to data security and the processes that exist for dealing with a data breach.
· Other Ways that Privacy is Regulated: As massive privacy breaches continue to happen, more regulatory bodies are taking on privacy concerns. This module examines the important role of the Federal Trade Commission and concludes with a close look at the General Data Protection Regulation recently passed by the European Union.
What is Corruption: Anti-Corruption and Compliance
· Corruption – What is it? Where is it?: What is corruption? Why does it exist? Where does it exist? We begin this course by answering those important threshold questions.
· Anti-Corruption Laws: How has the law responded to corruption? This module examines the specific anti-corruption laws that govern the business world, with special emphasis on the Foreign Corrupt Practices Act.
· Anti-Corruption Compliance Programs (aka How to Avoid Corruption Issues): How do you combat corruption? This module looks at the policies, procedures, and trainings used to combat corruption, and also examines corruption risk and potential warning signs.
· Preventing Corruption: Can you stop corruption before it starts? This module looks at specific preventative measures such as anti-corruption policies, contract provisions, and surveillance.
Compliance Officers, Managers and their Deputies, Managers with responsibility for internal compliance controls, Legal, Audit, Risk, Operations and IT Specialists, Risk Managers, Staff working in risk functions, Internal & External Audit Staff, Regulatory Representatives.