Learning outcomes:

Compliance is core to the provision of regulated Financial Services and the risk management of those services.

The evolution of technologically driven innovation in Financial Services
(Fintech) presents new challenges for the contemporary compliance function.
Fintech’s focus on the application of innovative technological solutions and
enhanced data analytics to deliver an optimal (customised) user experience
needed to be balanced by appropriate governance, control, and oversight.

For Fintech companies – whether they be ‘new’ Fintech companies and/or an
‘incumbent/traditional’ Financial Institution that is providing technologically
enabled Financial Services/products – the strategic priority is to balance the
foundations of compliance and control with the flexibility to capitalise on
technological innovation.

This course has been designed to address industry-wide challenges by
providing professional training in Fintech Risk and Compliance. The programme provides participants with the knowledge and skills required to conduct and manage evolving compliance functions within the Financial Services industry.

Who is the course for?

The course ­­will provide learners with the knowledge, skills, and competencies necessary to execute and scale risk and compliance functions in an environment of increasing partnerships in the Financial Services sector. Specifically focused on the Financial Services Industry, the course syllabi addresses the challenges facing the compliance function in a technologically innovative environment over the coming years.

Modules:

Fintech’s versus Traditional Financial Service Providers
Examine the evolution and scope of Fintech – the technological enhanced provision of Financial Services – and differentiate Fintech business and operating models from traditional financial institutions.

The Fintech Regulatory Environment
Contextualise the current regulatory environment for Financial Services providers from the perspective of international standard setting bodies and the core European (Irish) regulatory authorities.

Fintech Authorisation Models
Assess the detailed authorisation process for Fintech credit institutions, payments institutions and electronic money providers in the context of contemporary Central Bank (Central Bank) and European Banking Authority (EBA) regulation and guidance.

Anti-Money Laundering Compliance in a Fintech Environment
Review the evolution of AML Directives and the subsequence transposition into national (Irish) legislation in the context of compliance and regulatory reporting in an innovative Fintech payments environment.

Data Protection in a Fintech Environment
Evaluate the compliance risks and regulatory focus on the protection, governance, and ethical use of personal and non-personal, data in an increasingly digitised Financial Services environment.

Safeguarding Risks
Analyse the contemporary compliance and regulatory risks, and best practice guidelines, in the safeguarding arrangements of Fintech payment and electronic money institutions.

Outsourcing Risks
Detail the Central Bank and EBA’s guidelines on the outsourcing and related mitigation of concentration, operational and systematic risks, of critical Financial Services by Fintech providers.

Fitness and Probity and Conduct Risk
Quantify the requirements of the Central Bank of Ireland’s Fitness and Probity Regime, and the specific Central Bank guidance on the specific requirements related to payment and electronic money institutions.

Trainer Profile: