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.