Tax File Number and Withholding Tax
Course Description
- The procedure for collecting TFNs
- The application of withholding tax where a TFN is not quoted
- The TFN and withholding tax rules for special customers
LearnXLive! 2021 Best Compliance Training Project
We won this award for our holistic Design and Distribution Obligations Training program – South West Credit was a major partner
Sanctions Compliance Training
Course Description
This course will help you understand what economic sanctions are, how they work and how they impact international business and the financial services sector in particular.
Sanctions are volatile and often there is little or no advance warning.
This training is indispensable for enhancing your general knowledge of the purpose and nature of sanctions regimes, explaining what they are used for and how they can affect lives and businesses.
As economic sanctions continue to feature in the news headlines, this course provides practical insights into managing sanctions compliance and engaging with clients, mapping out what you should know, what you should do and what you should have in place to be compliant.
Who should do this training?
This course is especially relevant to account directors, business development managers, operations specialists, risk management analysts, compliance officers, customer due diligence analysts and senior executives.
Download course outline here
Specialized Financial Economic Crime Training
GRC Solutions is thrilled to collaborate with leading financial crime advisory firm, i-KYC, pairing their premium content library with our award-winning Salt Learning technologies to improve your approach to addressing Financial Economic Crime (FEC).
Download our brochure here
Course Outline
Module 1: Describe what sanctions are, their purpose, key features and reach
Module 2: Identify which sanctions regimes are the most important and how they can impact businesses
Module 3: Outline key sanctions do’s and don’ts
Module 4: Respond to client queries about sanctions
LearnXLive! 2022 Best Compliance Team – GRC Solutions’ Content Team
We won this award for bringing CCI’s vast network of clients into a new world of efficient, effective, rapidly updated online compliance training
LearnXLive! 2022 Best Compliance Training Project with Catholic Church Insurance
We won this award for bringing CCI’s vast network of clients into a new world of efficient, effective, rapidly updated online compliance training
Risk and Control Self-Assessment (RCSA)
Course Description
Risk and control self-assessment (RCSA) involves identifying, recording and assessing the risks that
an organisation may encounter, as well as the controls in place to contain them. It covers several steps, from identifying the risks to which an organisation or business may be exposed to escalating and taking follow-up action and identifying ongoing issues that affect risks. This course explains what an RCSA is and how to construct, use and report on it
Who is this training for?
You should complete this course if you are involved in a compliance or risk management function in your workplace
Course Outline
Module 1 : Defining Risk and Control Self-Assessment (RCSA)
• Objectives of RCSA
• Components used in an RCSA
• How the RCSA fits into the risk management framework
Module 2 : RCSA Inputs – Risks, Control, Scales
• Identifying and recording risks in a register
• What are risk controls?
• Recording controls and building a control library
• Developing control effectiveness scales
Module 3 : RCSA Processes
• Assessing risks
• Assessing the effectiveness of risk controls
• Approaches to self-assessing risk levels
Module 4 : RCSA Outputs – Reporting and Follow-up Process
• Reporting risks
• Notifying and escalating report information
• Using reports and taking action
LearnXLive! 2022 Best Compliance Training Project with Unity Bank
We won this award for our wholistic approach to supporting our client in meet transformational challenge in a very tight time frame
LearnXLive! 2022 Best Custom-Bespoke Learning – GRC Solutions with BlueBet
We won this award for our work with BlueBet to roll out its AML polices and obligations to its rapidly growing workforce in Australia and the US catering to different jurisdictions, job roles and language levels
Proliferation Financing Awareness Training
Course Description
Stakeholders in the financial sector need to understand Proliferation Financing and its consequences
The proliferation of weapons of mass destruction (WMD), including their means of delivery, is a significant threat to global security. Proliferation and its financing are quickly evolving as threat actors find innovative ways of disguising the funding using complex web structures.
This single-module course introduces staff to the concept of Proliferation Financing (PF) and then develops their understanding of how PF works, how it is developing, and the threat it poses to the world. It makes clear how PF differs from money laundering, and how financial services businesses in all countries can be exposed to the risk of having their systems misused to facilitate PF. It contains details on the problems posed by dual use goods.
The lesson provides practical tips and examples to assist in identifying transactions that should be subjected to closer examination. These practical examples empower employees to act in line with their legal and ethical obligations.
Who should do this training?
This course is suitable for customer-facing staff, their managers, and other operational staff who deal with financial transactions.
Download the course outline here
Specialized Financial Economic Crime Training
GRC Solutions is thrilled to collaborate with leading financial crime advisory firm, i-KYC, pairing their premium content library with our award-winning Salt Learning technologies to improve your approach to addressing Financial Economic Crime (FEC).
Course Outline
- What is Proliferation Financing?
- Why is the prevention and detection of Proliferation Financing important?
- What is the Proliferation Financing process?
- What are the high risk countries for Proliferation Financing?
- Red flags
Looking back on 2020 and forward to 2021
A Christmas season message from our CEO, Julian Fenwick: what to look forward to in 2021
Foundation Member
Established in 2016, the RegTech Association is a collaboration of members, focused on developing best practice for the compliance sector.
