Our RCS Certification teaches you how to manage the regulatory compliance business, compliance scope, compliance testing and examinations, and much more.
Our study guide for this certificate discusses the scope of compliance with regulator instructions according to the laws and regulations of various countries. It also discusses the compliance department's relationship to other departments within an institution - like the legal department and the internal audit department - and how to handle large quantities of local and international regulations to determine compliance responsibility. Lastly, our study guide discusses the compliance testing and examinations process and how it differs from an internal audit review while helping you implement a risk-based compliance approach and determine the inherited and residual risk of each regulation and how to report violations.
Understanding the Regulatory Environment
What is Regulatory Compliance Exactly?
The Scope of Regulatory Compliance Division
Understand your responsibilities
Institutional Compliance and Governance Framework
Organizational Structure
Business Intersection
Internal Audit
Risk Management
Legal Department
AML Division
Top Management and BOD
Compliance in Practice
Dealing with Regulators
Periodic Reporting
Compliance Monitoring
Compliance Policy
Modules of Compliance Examination, How to start?
Risk-Based Approach in Compliance Examination
Identify the Inherent risks
Analysis of Controls and Risk Mitigations
Calculate the residual Risk and determine the next testing date