Banking Regulation
Overview:
Introduction:
The objective of the program is to provide participants with the most up-to-date knowledge of the latest developments in banking, treasury, and performance appraisal systems, to develop their skills to carry out the associated business efficiently and to make a positive change in their direction according to the requirements and conditions of the work environment.
Course Objectives:
At the end of this course the participants will be able to:
- Familiarity with banking staff with the legal regulations governing banking.
- Developing the awareness of bank employees of the rights, duties, and obligations of the bank on the part of the client and the client.
- Banks and their employees shall avoid the risks arising from the non-application of the regulatory rules.
- Training the participants on procedures to avoid and confront the problems they face during their daily work through practical applications.
Targeted Audience:
- Compliance Officers / Managers and their Deputies
- Managers with responsibility for internal compliance controls
- Legal, Audit, Risk, Operations and IT Specialists
- Risk Managers
- Staff working in risk functions
- Internal & External Audit Staff
- Regulatory Representatives
- AML Officers
- Accountants
- Lawyers
Course Outlines:
Unit 1:
- Introduction to banks in the financial and banking system and their relationship with commercial banks.
- Regulations and rules for supervision and supervision of banks.
- Rules relating to the opening and operation of accounts.
- The most important regulatory rules related to credit (bank loans, bank credits, credit cards, letter of credit, documentary credit, etc.)
Unit 2:
- The rules of the bank's information and the principle of keeping the secret of the profession and the rules of confidentiality of the bank accounts and the exceptions to them.
- Some provisions and practical applications relating to checks and other commercial papers in banking.
- Opening and maintaining bank accounts including updating of account.
- Maintaining Petty cash.
Unit 3:
- Payments to Suppliers.
- Cash.
- Bank Transfer.
- CAD ( Cash Against Documents).
- LC at sight or deferred.
Unit 4:
- Trade Finance.
- LC Issuance.
- Bank Guarantees.
- Performance bonds.
- Bid bonds.
Unit 5:
- Other Payment Guarantees.
- Facility with banks ( Brief Description).
- Types of accounts and identify the features of each account.
- Requirements for opening a current account at banks.