SLP in Compliance Management

Purpose

A stand-alone module that can be elected to be completed either independently or as a component of the PGDip in Compliance.

Career Opportunities

The programme will be of particular benefit to compliance officers, compliance managers, accountants, financial directors, internal audit managers, risk managers and financial advisers.

Curriculum

The programme is designed to enhance the students’ understanding of the following topics and to provide them with appropriate principles, standards and guidance on how to operate within these frameworks in multiple industries, including financial services, mining, manufacturing and parastatals. 1. Corporate governance framework: a. The King IV Code on corporate governance will be discussed as the context, with specific focus on relevant chapters for the topics: (i) the governance of risk, (ii) compliance with laws, codes, rules and standards, (iii) internal audit and (iv) integrated reporting and disclosure. b. Reference will be made to similar frameworks internationally. 2. Enterprise-wide risk management (ERM) framework and: a. The development of ERM and the implications will be discussed, as well as relevant principles and schools of thought on risk management. b. The interaction between compliance risk and other risk types will be discussed. 3. Regulatory framework and: a. The development and philosophy of the national and international regulatory environment will be discussed. b. The mandate, authority and scope of different regulators in various industries will be covered. 4. Compliance risk management framework and process and: a. An overview of the compliance framework, including compliance policy, charter, manual and programme. b. An overview of the compliance risk management process, including Identification, assessment, management and monitoring, will be discussed in detail. c. Case studies will focus on Generally Accepted Compliance Practice (GACP) and will demonstrate how to approach topics such as: i. Governance of compliance; ii. Responsibility of management with regard to compliance; iii. How to establish a compliance function; iv. Roles and responsibilities of the compliance function; v. Fit and proper requirements for compliance officers; vi. Independent reviews and how they should be conducted; vii. Materiality and how to deal with it in a compliance-risk context. viii. Generic skills for a compliance function will be discussed and topics to be covered include: ix. Understanding of project management principles; x. Report-writing skills; xi. Presentation skills and how to adapt for different audiences; xii. Management of change and organisational development. 5. Forward looking trends in compliance risk management will include discussions on: a. Environmental legislation and the impact on compliance risks; b. The reporting framework for sustainability matters and the implication for compliance officers.

Admission Requirements

In order to meet our administrative and regulatory requirements, a student needs to be in possession of a Bachelor’s degree in Law or Commerce or an equivalent qualification on NQF Level 7.

Selection Process

In order to meet our administrative and regulatory requirements, a student needs to be in possession of a Bachelor’s degree in Law or Commerce or an equivalent qualification on NQF Level 7.

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