Financial Law & Compliance : A Practical Guide
This training offers a comprehensive overview of the key concepts and frameworks related to legal, regulatory, and compliance aspects within the financial sector. You will gain insight into the different approaches to compliance, both broadly and specifically within financial services, and understand the distinctions between EU-level and national regulations. The course will also explore governance structures, including the three lines of defense model, and clarify the roles and expectations set by regulatory oversight institutions such as the NBB and FSMA.
The objectives of this training are:
- to clarify the distinctions between legal, regulatory, and compliance frameworks;
- to provide a thorough understanding of the regulatory environment impacting financial services;
- to familiarize participants with key regulatory expectations from the NBB and FSMA;
- to explore governance structures, focusing on the three lines of defense and the role of compliance as an independent control function;
- to offer practical insights into the application of the Compliance function Circular within organizations.
Total price *
Members: € 330
Non-members: € 360
Partners/ BZB: € 330
Incompany: tailor-made, prices on request
* Price: service in the context of continuing professional training, exempt from VAT
CPD Hours
Banking: 3h general
Insurances: 3h general
Consumer credit: 3h general
Mortgage credit: 3h general
Compliance:
3h
Continuing Professional Development
Available dates
14/05/2025 - 09:00u - 12:30u - Financial Law & Compliance : A Practical Guide
Please let us know you're interested in this training should there be no date available, the planned date does not suit you and/or this session is full. As soon as about 5 people are registered on the interest list, we will propose a new course date. Your registration on the interest list is free of charge and without any obligation.
Target group
The training course can be followed by various target groups:
- professionals working in the financial sector;
- compliance officers;
- risk managers;
- legal advisors;
- anyone involved in governance or regulatory compliance.
Required prior knowledge
Advanced level training: this training requires a general basic knowledge of the subject.
Programme
CONTENT
- General concepts
- Legal vs. regulatory vs. compliance
- Compliance
- Broad approach
- Approach in the financial sector
- Summary of the most relevant areas of Compliance in the financial sector
- EU level vs. national level
- Regulation vs. Directive
- Prudential rules vs. rules of conduct
- A few examples
- The Twin Peaks system
- Subsidiary vs. branch
- Overview of the regulatory framework applicable to financial services
- Major regulatory expectations of NBB and FSMA
- Governance
- Board of Directors vs. executive committee
- Three lines of defense system
- The independent control functions
- The role of compliance as second line / independent control function
- The Compliance function Circular
- In practice
PRACTICAL INFORMATION
- Duration: ½ day of training (3 class hours)
- Hours: 09:00 to 12:30
- Location: This training will be given online
- Language: This training will be given in English
- Additional information: How do you start the webinar? You will receive a login and password by email to access our platform. In the platform you will find a link. By clicking on the scheduled date the webinar will start via Webex.
To be granted CPD hours, it is important to enter your own name and surname, follow the entire training day and answer the questions suggested by the trainer. Do not follow the training with several people on the same PC.
Methodology
You follow a ‘Live webinar’ digitally in a group. It is ‘learning-apart-together’. At an agreed time, the teacher and participants log in to a video conference tool, each from his or her own location and with his or her own computer. Via this tool’s camera, microphone and chat function, there is an opportunity for interaction and feedback, both from the participants to the teacher and vice versa. The teaching material consists as a basis of a presentation via the MyFA learning platform, supplemented with various other items (such as digital syllabus, presentation, audiovisual fragments, etc.).
Teachers
Thomas Faelli
Compliance & audit
