This course examines compliance risks in the context of a consumer-centric Fintech operating model, for example, data protection, the use of personal data, and the safeguarding of customer funds. The course specifically focuses on the increasing regulatory focus upon the risks inherent in outsourcing critical services. The course translates these sources of risks into the compliance framework and highlights the critical importance of fitness, probity, and conduct risk. The course is designed to develop the technical competencies, and operational perspective, for learners to manage compliance functions) within the contemporary Fintech operating environment.
40%: Blend of competency based MCQs & scenario analysis
60%: Final Examination
On the successful completion of this course learners will be able to:
1. Assess the compliance risks associated with data protection and the ethical use of personal data in a Fintech data-driven operating model.
2. Identify the contemporary compliance risks in the safeguarding arrangements of payment and electronic money institutions.
3. Evaluate the regulatory focus upon compliance risks related to outsourcing of critical services by financial service providers.
4. Demonstrate an awareness of fitness, probity, conduct, and authorisation risks in an evolving Fintech environment.