Compliance Functions and Risks, Their Management in Practice

During the training, you will be able to learn more about practical actions, aspects of compliance, best practices and solutions for function-specific tasks.

Course duration, academic hours: 8
Price (excl. VAT) 325,00 
Price (with VAT): 393,25 
Lecturer: Natalija Boļšakova
Natalija Boļšakova
The head of the compliance function in a credit institution with almost 20 years of professional experience in the field of supervision, also in the context of customer due diligence. Obtained ALCO certification in the field of supervision of activities (
Professional in field of Compliance
) and is ACAMS (
Association of Certified Anti-Money Laundering Specialists
) certified lecturer.


14. August, 2024 - 16. August, 2024
Natalija Boļšakova
Price (excl. VAT)
Price (with VAT):
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Training schedule:
14.08.2024 09:00-12:15
16.08.2024 09:00-12:15
Course target

Promote the understanding of the operational compliance function in credit financial institutions by introducing the theoretical material determined by international organizations, the practical aspects of its implementation, best practices and solutions to tasks specific to the function.

  • Heads of structural units of credit institutions and financial institutions;
  • Employees performing compliance monitoring or control functions.
At Course Completion you will be able to
  • Orientate yourself in information about the function of operational compliance in credit or financial institutions;
  • Apply best practices in providing an operational compliance function;
  • Pass the test on the topics covered in the course.

Knowledge of credit institution or financial institution processes.

Training materials

Electronic materials about the information provided in the course.

Certification Exam

Not intended. At the end of the training, a test is taken on the topics covered in the course and a BDA Certificate of completion of the course is issued.

Course outline

Requirements set by international organizations (Basel Committee GL 44);

Operational compliance function regulatory requirements;

What compliance is and what it involves:

  • role in the organizational structure of the institution.

Corporate governance compliance;

Operational Compliance Risks:

  • identification, assessment, management and monitoring of risks in products and processes;
  • compliance checks, controls, monitoring;
  • investment services;
  • sustainability field;
  • AML/CFL and Sanctions Law;
  • Compliance measures:
    • internal regulatory documents;
    • new services and products.

Managing conflicts of interest;

Ethics monitoring in the institution;

Informing the management of the institution and evaluating the effectiveness of the function.

If you want to get more information about this course, please contact us by phone +371 67505091 or send an e-mail at