COMPGF03 - Compliance, Risk and Regulation

Note: Whilst every effort is made to keep the syllabus and assessment records correct, the precise details must be checked with the lecturer(s).

CodeCOMPGF03
YearMSc
PrerequisitesIt is recommended that students take COMPGS06 Financial Institutions and Markets (or it's equivalent) in term one. Successful completion of Introduction to Securities and Investment administered by the Chartered Institute for Securities and Investment is also a suitable prerequisite. If unsure, contact module tutor for further guidance.
Term2
Taught ByDonald Lawrence and Industrial SMEs
AimsThe module will familiarize participants with compliance department processes in risk governance per requirements of regulators, shareholders, management and clients.  Develop understanding of the major role of implementing the dynamic regulatory requirements in financial centers and the interdependence on risk IT, models and computational finance.
Learning OutcomesFamiliarization with different lines of risk governance; BoD, executive management, business unit, independent functions, and internal audit.  Understanding of interactions between business heads, compliance, risk and regulators. How interactions are evolving in rules based environment, and what IT/computational solutions are explored/employed.

Content:

Foundations of the compliance environment
The module will present the foundations of the compliance environment in a financial institution/financial department of a firm. Exa