🔐 Masterclass in FinTech Compliance: Global Regulatory Frameworks and Risk Management Training Course 🌐

Module 1: Foundation of Fintech Compliance Training and Regulation

ü  Defining Fintech and its regulatory environment

ü  Key regulatory principles and objectives (stability, integrity, protection)

ü  The role of global bodies (FATF, FSB, IOSCO)

ü  Regulatory models: Activity-based vs. Entity-based regulation

ü  Practical Session: Mapping core Fintech business models to relevant financial regulations

 

Module 2: Global Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF)

ü  Understanding the lifecycle of money laundering and CTF risks in digital finance

ü  FATF Recommendations and their impact on global Fintech compliance training

ü  Risk-Based Approach (RBA) implementation and documentation

ü  Transaction monitoring systems and red flag detection

ü  Practical Session: Developing an AML risk matrix for a peer-to-peer lending platform

 

Module 3: Advanced Know Your Customer (KYC) and Customer Due Diligence (CDD)

ü  Digital identity verification and onboarding challenges

ü  Enhanced Due Diligence (EDD) for high-risk customers and PEPs

ü  Ongoing monitoring and refresh programs in Fintech

ü  Beneficial ownership identification and verification (BOID)

ü  Practical Session: Drafting a comprehensive KYC policy for a new digital wallet service

 

Module 4: The Regulatory Landscape for Payments and Cross-Border Transfers

ü  Understanding PSD2 (Payment Services Directive 2) and comparable global payment regulations

ü  Rules for Electronic Funds Transfers (EFT) and instant payments

ü  Cross-border remittances and correspondent banking risks

ü  E-money and stored value facility regulations

ü  Practical Session: Analyzing a hypothetical payment service’s regulatory obligation across three jurisdictions

 

Module 5: Compliance Challenges in Open Banking and API Economy

ü  Regulatory requirements for data sharing and third-party access

ü  Security and authentication standards for APIs (Application Programming Interfaces)

ü  Consent management and data portability rules

ü  Liability and indemnity in a multi-party API ecosystem

ü  Practical Session: Reviewing an Open Banking consent flow for compliance with privacy laws

 

Module 6: Regulatory Frameworks for Digital Assets and Cryptocurrencies

ü  Classification of digital assets (security, utility, or currency tokens)

ü  Global crypto regulations: FATF travel rule, MiCA (EU) and US frameworks

ü  Fintech compliance training for decentralized finance (DeFi) and NFTs

ü  Custody, wallet security, and cold storage compliance

ü  Practical Session: Identifying and mitigating AML risks for a crypto exchange onboarding process

 

Module 7: Data Privacy, Protection, and Consent Management (GDPR/CCPA Focus)

ü  Key principles of GDPR, CCPA, and other major privacy laws

ü  Data governance, minimization, and retention requirements

ü  Implementing consumer rights (Right to be Forgotten, Data Portability)

ü  Cross-border data transfer mechanisms and compliance

ü  Practical Session: Conducting a Privacy Impact Assessment (PIA) for a new data-intensive Fintech feature

 

Module 8: Cybersecurity and Information Security Governance

ü  Implementing NIST, ISO 27001, or equivalent cybersecurity frameworks

ü  Regulatory expectations for third-party vendor risk management (TPRM)

ü  Disaster recovery and business continuity planning

ü  Mandatory data breach notification protocols and incident response

ü  Practical Session: Developing a simulated incident response plan for a major data breach

 

Module 9: Consumer Protection and Fair Lending Regulations

ü  Transparency in pricing, fees, and disclosure requirements

ü  Fair lending practices and algorithmic bias mitigation

ü  Fintech compliance training for marketing and advertising rules

ü  Handling customer complaints and dispute resolution processes

ü  Practical Session: Analyzing a loan agreement for compliance with consumer protection disclosures

 

Module 10: The Role of Technology in Compliance (RegTech and SupTech)

ü  Overview of RegTech solutions for KYC, transaction monitoring, and reporting

ü  Evaluating and implementing compliance automation tools

ü  Supervisory Technology (SupTech) and how regulators are using AI

ü  Ethical considerations and bias in using AI for compliance

ü  Practical Session: Assessing the ROI and implementation challenges of a new RegTech solution

 

Module 11: Compliance Risk Assessment and Control Frameworks

ü  Developing a comprehensive, integrated enterprise risk management (ERM) framework

ü  The three lines of defense model in Fintech compliance training

ü  Inherent risk vs. Residual risk calculation and prioritization

ü  Designing and testing effective compliance controls

ü  Practical Session: Performing a full risk and control self-assessment (RCSA) for a new product line

 

Module 12: Designing and Implementing a Culture of Compliance

ü  Leadership commitment and tone from the top

ü  Developing effective compliance training and communication programs

ü  Whistleblower protection and internal reporting mechanisms

ü  Measuring the effectiveness of compliance culture

ü  Practical Session: Drafting a Code of Conduct section specific to Fintech ethics

 

Module 13: Regulatory Reporting, Auditing, and Examination Preparedness

ü  Mandatory and periodic regulatory reporting requirements (e.g., Suspicious Activity Reports)

ü  Preparing for internal and external compliance audits

ü  Managing a regulatory examination (pre-exam, during exam, post-exam)

ü  Documentation best practices and record keeping

ü  Practical Session: Reviewing a mock audit checklist for regulatory readiness

 

Module 14: Licensing, Chartering, and Regulatory Sandboxes

ü  Understanding the requirements for banking charters and money transmitter licenses

ü  Navigating multi-jurisdictional licensing challenges

ü  The structure and benefits of regulatory sandboxes and innovation hubs

ü  Fintech compliance training for managing post-sandbox transition

ü  Practical Session: Evaluating the licensing pathway for a new cross-border remittance service

 

Module 15: Cross-Border Fintech Compliance Training and Harmonization

ü  Conflicts of law and choice of jurisdiction in digital contracts

ü  Managing compliance when expanding into new international markets

ü  Strategies for regulatory arbitrage and avoiding it

ü  The future of global regulatory harmonization

ü  Practical Session: Identifying key regulatory differences between two target expansion markets

 

Module 16: Ethics, Conflict of Interest, and Market Conduct

ü  Defining ethical standards in Fintech operations and innovation

ü  Policies for identifying and managing conflicts of interest

ü  Standards for fair and transparent communication with customers

ü  Addressing employee misconduct and disciplinary actions

ü  Practical Session: Analyzing a conflict-of-interest scenario within a Fintech investment advisory team

 

Module 17: Sanctions Compliance and Screening Processes

ü  Understanding global sanctions regimes (OFAC, UN, EU)

ü  Implementing sanctions screening in real-time transactions

ü  Due diligence on international counterparties and high-risk jurisdictions

ü  Challenges of sanctions compliance with decentralized technologies

ü  Practical Session: Reviewing and optimizing a sanctions screening alert process

 

Module 18: Crisis Management and Regulatory Enforcement Response

ü  Developing a crisis communication strategy for compliance failures

ü  Legal holds, e-discovery, and evidence preservation

ü  Negotiating with regulators and managing consent orders

ü  Remediation planning and corrective action implementation

ü  Practical Session: Role-playing a formal response meeting with a regulatory examination team

About Our Trainers

 

Our trainers are highly specialized compliance and legal experts with extensive experience in the Fintech sector. They possess a deep understanding of the intersection between emerging technology and complex financial regulation, often holding credentials such as CAMS (Certified Anti-Money Laundering Specialist), CIPP (Certified Information Privacy Professional), or a JD/LL.M. degree. They average over 12 years of hands-on experience in building and auditing compliance programs for global financial institutions and innovative Fintech startups, ensuring that the Fintech compliance training is practical, current, and strategically focused.

 

Quality Statement

 

Phoenix Center for Policy, Research and Training is dedicated to providing cutting-edge, high-impact compliance education. This Fintech compliance training course is rigorously developed and continuously updated in partnership with industry practitioners to meet the highest global standards for regulatory training. Our commitment to quality is reinforced by our NITA Approval, ensuring participants receive actionable knowledge essential for safeguarding their organizations in the digital financial ecosystem.

 

Tailor-Made Courses

 

We understand that every organization has unique challenges and opportunities as well as unique training needs. Phoenix Training Center offers tailor-made courses designed to address specific requirements and challenges faced by your team or organization. Whether you need a customized curriculum, a specific duration, or on-site delivery, we can adapt our expertise to provide a training solution that perfectly aligns with your objectives. We can customize this Course to focus on your industry, specific risk profile, or internal stakeholder dynamics. Contact us to discuss how we can create a bespoke training program that maximizes value and impact for your team. For further inquiries, please contact us on Tel: +254720272325 / +254737296202 or Email training@phoenixtrainingcenter.com

 

Admission Criteria

 

ü  Participants should be reasonably proficient in English.

ü  Applicants must live up to Phoenix Center for Policy, Research and Training admission criteria.

 

Terms and Conditions

 

ü  Discounts: Organizations sponsoring Four Participants will have the 5th attend Free

ü  What is catered for by the Course Fees: Fees cater for all requirements for the training – Learning materials, Lunches, Teas, Snacks and Certification. All participants will additionally cater for their travel and accommodation expenses, visa application, insurance, and other personal expenses.

ü  Certificate Awarded: Participants are awarded Certificates of Participation at the end of the training.

ü  Course Improvement: The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.

ü  Approval of Course: Our Programs are NITA Approved. Participating organizations can therefore claim reimbursement on fees paid in accordance with NITA Rules.

 

Booking for Training

 

Simply send an email to the Training Officer on training@phoenixtrainingcenter.com and we will send you a registration form. We advise you to book early to avoid missing a seat to this training. Or call us on +254720272325 / +254737296202

 

Payment Options

 

We provide 3 payment options, choose one for your convenience, and kindly make payments at least 5 days before the Training start date to reserve your seat:

ü  Groups of 5 People and Above – Cheque Payments to: Phoenix Center for Policy, Research and Training Limited should be paid in advance, 5 days to the training.

ü  Invoice: We can send a bill directly to you or your company.

ü  Deposit directly into Bank Account (Account details provided upon request)

 

Cancellation Policy

 

ü  Payment for all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.

ü  Participants may cancel attendance 14 days or more prior to the training commencement date.

ü  No refunds will be made 14 days or less before the training commencement date. However, participants who are unable to attend may opt to attend a similar training course at a later date or send a substitute participant provided the participation criteria have been met.

 

Accommodation and Airport Transfer

 

For physical training attendees, we can assist with recommendations for accommodation near the training venue. Airport pick-up services can also be arranged upon request to ensure a smooth arrival. Please inform us of your travel details in advance if you require these services. For reservations contact the Training Officer on Email: training@phoenixtrainingcenter.com or on Tel: +254720272325 / +254737296202