Wolfsberg Guidance Emphasizes the importance of customized training
The guidance is intended to provide a framework for financial institutions to establish and maintain effective anti-bribery and corruption (ABC) compliance programmes
The guidance is intended to provide a framework for financial institutions to establish and maintain effective anti-bribery and corruption (ABC) compliance programmes
Where cyber security is concerned, you are the weakest link
The UK Bribery Act has been described as groundbreaking in scope and reach, and as one of the world’s toughest and most comprehensive pieces of anti-bribery legislation.
This course explains the context and substance of the UK Bribery Act and key strategies for managing risks.
It explains what bribery is and supplies an overview of global trends in corruption.
The course then breaks down information about the international reach of the Act. It identifies the four bribery offences recognised by it – including the so-called ‘corporate offence’ under which organisations could be held accountable – and outlines who is at risk and what red flags to look out for.
The course finally addresses ways to manage risks, taking into account the UK Ministry of Justice’s six guidelines for adequate procedures, as well as issues such as business expenditures and facilitation payments.
This training applies if:
Changing workplace cultures by changing behaviours
The consequences of workplace bullying, discrimination and harassment have never been more widely known.
Bullying, discrimination and sexual harassment can harm individuals’ mental health and safety. They can lead to heavy costs for organisations, including reputational damage, compensation orders and high staff turnover.
What should you do if you see a colleague being bullied? Where does flirting stop and harassment begin? How do you prevent uncomfortable or unsafe situations from taking place?
Anyone can be a victim, perpetrator or bystander, and everyone has a role to play in creating a workplace culture where diversity is valued and individual dignity is respected.
This course provides tools for learners to recognise and prevent unacceptable behaviour, and outlines practical support for individuals who experience bullying, discrimination or sexual harassment.
Manager-specific modules focus on strategies and procedures for managing incidents.
The training also explores how becoming aware of our unconscious biases, developing our cultural competence and promoting accessibility can make our workplaces truly diverse and inclusive.
This course caters to the whole organisation, with specific modules for managers and supervisors on how to identify misconduct and address complaints.
The standard you walk past is the standard you accept.
We also offer standalone training on unconscious bias to help you and your staff recognise and analyse your unconscious biases, in order to deliver fairer and more reasonable outcomes and to create an inclusive organisational culture.
Salt Adaptive is a platform that helps APAC businesses deliver effective multilingual eLearning compliance programs
This training is designed to help banking staff understand the time-frames for customers to be able to draw against funds they have deposited
The law requires banks, when customers deposit funds into their accounts, to tell them how long it will take before the funds are available to them. Staff need to understand these requirements.
This short, single-module course outlines the types of transactions where banks are required to make funds available to customers the next business day, and the exceptions to these requirements. It also covers those transactions that are excluded from the next business day rule. Staff who complete the training will be able to explain these rules to their customers.
The course also introduces staff to the Check Clearing for the 21st Century Act, so they can understand the technology that enables banks to safely comply with the next business day rule.
It gives an overview of the applicable penalties for non-compliance.
The course is a suitable introduction forall banking staff who deal with borrowers including credit card holders.
Jasmine, who runs a small baby-sitting business from home, needs to make a $500 up-front payment to a new supplier in order to open an account to purchase baby food.
Jasmine has just received a $400 check from a client for the last two month’s baby-sitting and she wants to use the funds from that check to make the deposit payment to her new supplier.
How soon will Jasmine be able to make her payment to the new supplier?
This course is part of the Retail Banking Compliance Suite
The courses available are
For more details, click on the course names above.
What practical support do you and your team need right now?
This training is for banking staff on the information that must be supplied to customers when opening banking accounts
Regulation DD was designed to help consumers make more informed decisions about the accounts they open and so to foster healthier competition between financial institutions, in order to promote financial stability.
This short, one-module course introduces bank staff to the purposes of Regulations DD and TISA. It describes the types of accounts subject to the regulation, the type of information that must be supplied, and the times when it must be supplied. It includes real-lifecase studies.
It also introduces truth in advertising requirements that apply to the sale of savings products.
The course is a suitable introduction for all customer-facing banking staff.
Jasmine, who runs a small baby-sitting business from home, was handling her finances using her savings account. Because things became more complex, Jasmine decided to open a different account that will allow her to pay her suppliers and invoice her customers more efficiently.
Jasmine is wondering what sort of new account she should open, and which bank she should open it with.
This course is part of the Retail Banking Compliance Suite
The courses available are
For more details, click on the course names above.
This training is for bank staff on rights, liabilities and responsibilities of businesses and their customers in electronic fund transfer systems
Much of Regulation E outlines the procedures consumers must follow in reporting errors with EFTs and the steps a bank must take to provide recourse.
Banks’ liabilities with respect to problematic e-payments are a daily cost of doing business. This cost can be minimized if bank staff are properly trained in the various requirements, timelines etc, and are able to advise their customers accordingly. Failure to comply, on the other hand, subjects a bank to significant penalties.
This short, one-module course sets out the rights and responsibilities of consumers and of banks when there is an EFT error. It includes a real-life case study.
The course is a suitable introduction for all customer-facing banking staff.
Jasmine is checking her bank statement on-line. She notices an entry relating to a $600 purchase three days ago at a fruit and vegetable store in another city. Jasmine has never been to that store.
Jasmine checks further and discovers a few other, smaller purchases that she did not make.
She checks her pocketbook and discovers her debit card is missing. Jasmine realizes that she must have left it in a drug store when purchasing milk last week.
What should Jasmine do to try to get that money back?
This course is part of the Retail Banking Compliance Suite
The courses available are
For more details, click on the course names above.
Register for our 7 July online Retail Banking Workshop and Q&A Session – Lending and hardship assistance during the pandemic
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