Course Description

This course guides you through the four steps associated with  handling  third  party  risk:  scoping,  risk  assessment,  due diligence and approval/post-approval risk mitigation.The  lessons covers  major  international  anti-corruption  laws,   including   the   US   Foreign   Corrupt   Practice   Act   (FCPA) and the UK Bribery Act. Jargon is kept to a minimum. Where possible, stories are used to paint a vivid picture.

Who is this training for?

Employees at all levels need to recognise the risks associated with third parties and how to identify them. This course guides staff through the four steps associated with handling third party risk.Management are trained to identify, minimise and handle corruption risks. General employees learn the role they play in ensuring that due diligence occurs.

Course Outline

Module 1 : Introducing Third Party Risk

   •The role of third party due diligence in your organisation’s ABC obligations

   •Scope of due diligence

   •Key corruption risk factors

   •Organisational benchmarks regarding third party risks

   •Assessing corruption risk as high, medium or low

Module 2 : Due Diligence and Approvals

   •The data collection process

   • Key aspects of third parties to research

   •Validating research• Monitoring third parties post-approvals

   •Supporting due diligence and anti-corruption processes

Module 3 : Due Diligence for Employees

   •The role of third party due diligence in your organisation’s ABC obligations

   •Key corruption risk factors

   •The due diligence process

   •Monitoring third parties post-approvals

   •The function of whistle-blower policies

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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

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