JFSC Proposed Table 4

This qualification is currently included or recently proposed to be included in the JFSC Qualification Table 4 for the TCB sector.

Dates

Closing enrolment date: 1 March 2012

Workshop 1: 27 March 2012
Workshop 2: 15 May 2012
Workshop 3: 23 July 2012
Workshop 4: 5 November 2012
Examination: 29 November 2012

Cost

£2750 (+ local taxes if applicable) plus an additional assessment fee of £350

Overview

As a compliance professional, your role continues to grow in importance. The changing external environment has determined the crucial part you play in the continuing success of your firm. The daily compliance challenges you face means that the importance of having the right knowledge and skills cannot be underestimated.

A professional qualification from the International Compliance Association can help you meet your responsibilities.

Over the years, compliance in the financial services sector has become the responsibility of all staff and your role has evolved to meet this change. Businesses today need fully trained people who understand laws, regulations and the rules by which their firm operates. Staff need to appreciate the important part compliance plays in protecting the business, so they too can help safeguard the reputation of the firm and minimise financial risk. Firms also need a successful company-wide compliance culture. This helps ensure all staff follow processes and procedures wherever they are in the world. A professional qualification from the International Compliance Association can help you meet this need.

The Diploma is suitable for those compliance professionals who already have some practical experience in compliance and who want to improve their knowledge. Individuals who complete the Diploma will be able to undertake their responsibilities more efficiently and effectively. By drawing upon international best practice, the Diploma helps prepare you to adapt and change to meet the challenges created by the constantly evolving external environment.

Those who have already graduated from the Diploma find that their performance in the workplace improves and opportunities for career progression are enhanced. By undertaking the ICA International Diploma in Compliance, you develop your knowledge and you help secure your firm.

Key features

• A graduate level programme resulting in a professional qualification
• Awarded by the ICA in association with The University of Manchester Business School
• 9 months duration
• Comprehensive, detailed course materials that can be used in the workplace
• Written by experienced industry practitioners
• Internationally focussed
• Detailed support readings and texts
• Extensive online resource materials
• Dedicated tutor support

Key benefits

• Improved knowledge, developed skills
• Reduced reputational and financial risk for firms
• Enhanced workplace performance
• Allows use of the designation Int. Dip (Comp)
• Potential for career progression
• Professional membership of the International Compliance Association
• Verifiable evidence of learning

Programme content

The ICA International Diploma in Compliance is comprehensive and reflects the regulatory environment today. The Diploma programme focuses on relevant international best practice, legislation and regulations. It examines the role of key players and the importance of developing networks. With course materials that are regularly updated, the Diploma focuses on current major issues that impact upon the compliance role.
A summary of the four core modules follows, but for more content details please visit the International Compliance Association website at www.int‑comp.org and download the syllabus, or contact the International Compliance Association for one to be sent to you.

Module 1: The Regulatory Environment

• Understanding the Regulatory Environment
• Regulatory Structure
• Regulators and their Powers

Module 2: The Compliance Function

• The Role and Skills of the Compliance Officer
• Risk Management
• Designing an Internal Compliance System

Module 3: Key Compliance Issues

• Money Laundering and Terrorist Financing
• Fraud Prevention
• Market Fraud, Insider Dealing and Fraud Prevention
• Investigations, Enforcement and Production Orders

Module 4: The Compliance Environment

• Corporate Governance
• Ethics and Corporate Social Responsibility
• Evaluating Industry Sectors

Course assessment

• Two pieces of assessed work are required, contributing towards the final grade
• A 3 hour 15 minute open-book examination

Professional qualification award

The ICA International Diploma in Compliance is awarded in association with the University of Manchester Business School. Quality assured by the University, the programme is at honours degree level, which designates the programme ‘Graduate Diploma’. The Diploma has been mapped in accordance with the
Higher Education Qualification Framework. On successful completion of the Diploma, you will be eligible for membership of the ICA and can then use the designation MICA, Member of the International Compliance Association.

How to apply

Apply online at www.int-comp.org or download an enrolment form and return by fax or post to:
International Compliance Training
Wrens Court
52-54 Victoria Road
Sutton Coldfield
West Midlands B72 1SX
United Kingdom

Tel: +44 (0)121 362 7501
Fax: +44 (0)121 240 3002

Email: ict@int-comp.com

Course enrolment

Once your enrolment form has been received and processed, you will be sent your course manual and login details to access the Online Resource Centre, Knowledge Bank, Members’ Directory, etc. of the ‘Members Only’ section of the ICA website at: www.int-comp.org and the ICT website at: www.int-comp.com.