World Compliance Check has developed a compelling, flexible suite of eLearning courses that can be delivered on desktops, laptops, tablets or smartphones. It breaks down complicated topics into short, interactive modules that are enjoyable to complete.
Our engaging and interactive off-the-shelf compliance e-Learning courses cover a variety of GRC topics in bitesize 30 minute to 1 hour modules. Our courses are tailored to support your business at a country, regional, and global level, giving a clear view of the regulatory landscape and the compliance requirements of the jurisdictions in which your business operates.
Courses are updated to cover all of the latest regulatory requirements. Any changes will automatically be included in your training suite so that you can focus on your core business activities, safe in the knowledge that your employees have access to up-to-date compliance training at all times.
All courses within our catalog can be customized to fit your business requirements. We can also build courses from scratch to meet your exact specifications on any governance, risk, and compliance topic
Our learning management system has been optimized for risk and compliance training, providing a full audit trail to demonstrate training compliance to senior management and regulators.
Through web-based access and minimal technical requirements for delivery, courses can be quickly implemented to mitigate the risk of compliance breaches. Courses can be hosted on our learning management system, or on compliant 3rd-party systems.
The modules can be delivered over a short space of time, or drip-fed to participants over a series of months, helping to maintain awareness.
World Compliance Check, Compliance induction training is essential for all new employees in regulated financial services businesses. Compliance induction will ensure that employees have an comprehensive understanding of their regulatory and ethical responsibilities, while garnering an understanding that compliance with these obligations provides protection to both the employee and
the firm.
WCC, can offer bespoke induction training e-learning or in-house, book your new employees onto our regular training sessions.
Anti-money laundering awareness eLearning is all too often seen as a tick the box exercise.The end user wants to complete the training as painlessly as possible. The training manager/MLRO wants a solution that educates staff effectively whilst minimising disruption to the working day.
The Modules:
Sanctions include a range of financial or trading restrictions, such as freezes on the assets of and travel restrictions on nominated individuals, bans on financing of state-owned enterprises, prohibitions on the supply of technical, financial and other assistance and outright prohibitions on trade.
Economic, trade or financial sanctions are imposed by governments or the United Nations to exert pressure on individuals or political regimes and for the advancement of foreign policy objectives. In the UK, a person or firm who breaches the terms of a sanction is guilty of a criminal offence.
The most important sanctions are those imposed by the US government and the EU. EU sanctions are typically imposed through Council Regulations, which have immediate legal effect in member states (including the UK). In the US and the EU, sanctions often implement measures contained in Resolutions of the United Nations Security Council.
Sanctions can be applied unilaterally or collectively and different rules will apply to each sanctions regime. Some of these sanctions affect designated individuals only in the targeted country. There are also sanctions in place against named individuals or entities who are:
The HM Treasury publishes a consolidated list of financial sanctions targets listed by the United Nations, the European Union and the UK. This list includes all individuals and entities noted on all current sanctions lists.
This module puts bribery and corruption in context, outlines its various forms and looks at best practice laws and regulations to minimise it, including the UK Bribery Act and the US Foreign Corrupt Practices Act.
Bribery and Corruption in Context
Bribery in Focus
Anti-Bribery & Corruption internationally
Personal responsibility – how does it impact the employee?
Cybercrime is fast becoming one of the most significant risks to the financial services industry.This course starts by highlighting the major cyber-attacks that have occurred in the last few years. It then goes on to explain the six key areas of a typical cyber attack and the controls that can...
Introduction and review of recent cyber attacks
Attack – the common 6 phases:
Market Abuse rules can be complex. Often it is not always clear what is and is not deemed to be ‘abuse’ of the market. Our Market Abuse eLearning consists of 18 short case studies based on real-world examples. The students are invited to review each case and then decide whether...
Through a series of 18 case studies, this module demonstrates to students the following concepts in relation to Market Abuse:
FATCA is the Foreign Account Tax Compliance Act which aims to gather information on overseas accounts held by US citizens at financial institutions globally.
FATCA affects a wide range of businesses and has a number of compliance obligations. It is important that key employees at in-scope businesses understand the requirements to ensure compliance can be achieved and maintained.
World Compliance Check's FATCA modules are designed to deliver essential information to individuals in a targeted and efficient manner. The content of the modules has been differentiated in order to provide businesses with the option of tailoring training and to ensure that the content remains relevant for staff in different roles. Throughout both modules the FATCA courses highlight the common FATCA requirements and provide simple explanations and clear illustrations for learners.
The courses will enable you and your colleagues to comply with FATCA legislation and, where relevant, identify key requirements and risks facing your business. They are aimed at a range of people, from those who require a basic knowledge of FATCA to those that require a detailed understanding of the business as usual requirements.