Corporate Governance for Financial Institutions

• Definition, concept, rules, principles and added value
• Barriers / obstacles that prevent full implementation of corporate governance
• External & internal parties involved in governance process
• Difference between executive and non-executive board members
• Board committee: roles and responsibilities
• Role of audit committee / risk management committee / remuneration committee
• Understanding environmental, social, and governance (ESG) and its importance
• Board models: passive board, certifying board, engaged board, intervening board and operating board

• Role and responsibilities of strategic boards and strategic members
• Role of strategic planning and thinking in driving organization's sustainable growth for within the context of sustainable development
• Developing strategic planning culture is required to uphold organizations’ growth
• Connecting challenges with strategic objectives
• Digesting strategy's berries to ensure success

Risk Management, Compliance & Internal Audit Triangle

• The fundamental differences and importance of its convergence
• Overlapping: healthy or wasteful?
• Cooperation & collaboration among these functions
• Implications for the audit and governance arrangements
• Implications for the risk management and risk appetite measures
• Implications for the compliance and regulators requirements

• What is risk-based internal auditing approach?
• The transition from system-based to risk-based internal auditing
• Risk-based audit methodology
• Audit the control environment
• Determination of internal auditing universe
• Risk mapping / risk registration
• Developing internal auditing plan to be approved by audit committee

Risk-Based Compliance

• Definition, responsibilities, and goals of compliance
• What is risk-based compliance approach?
• What is the right profile of the chief compliance officer?
• Money laundering threats and methods
• Terrorist financing threats and methods
• What is fraud? The fraud triangle & the fraud diamond
• Behavioral red flags of perpetrators
• Fraud risk factors: why people commit fraud?

• What is Enterprise Risk Management? Its universe, framework & fundamental concepts
• Risk control self-assessment, key risk indicators & key performance indicators (KPI)
• Business continuity plan vs. disaster recovery plan
• Identifying credit risks / identifying financial risks
• Identifying operational risks / identifying reputational risks
• Identifying legal risks / identifying non-compliance risks
• Identifying political risks / sovereign risks / country risks
• Identifying ethical risks / fraudulent risks / criminal risks

• Risk taxonomies and organizational classification of risks

Board’s Role in the Crisis Management and Beyond

• Board’s role during a crisis
• Crisis management plans
• Business lessons learned by leaders during crisis
• Financial lessons learned from a pandemic
• Role of the board and audit committee at time of pandemic