Accueil > Compliance and internal control

OFIN 3030A - Compliance and Internal Control

Type d'enseignement : Elective

Semester : Autumn 2017-2018

Number of hours : 24

Language of tuition : English



Course Description

New regulations add new and extended responsabilities to the internal control department and the compliant officer. We will study how the new financial regulation has been settled in the banking sector and has spreaded in insurance and industry. The lecture will focus on internal control concepts, fundamental and organization principles, with a focus on different control levels, the risk management function and the audit function. Secondly the lecture will focus on the Compliant officer. This new top manager is more powerful each year due to new assignements : how to qualify and prevent fraud, to define and manage Anti Money Laundering action plans and to tackle terrorism. The compliant officer and the internal controller have reinforced their consulting role to the board. As States are putting a lot of pressure to Bankers and Insurance Companies to manage their risk in a matured and more secured way, we will analyse new controls to be putted in place and the correlated financial penalties for unefficient control system.


PENEAU-GERBAUX, Dominique (Conseillée associée, Exton Consulting)

Pedagogical format

12 sessions of 2 hours (24h).

Course validation

4 credits.

Required reading

Contrôle interne : Concepts, Réglementation, Cartographie des risques, Guide d'audit de la fraude, Méthodologie et mise en place, Référentiels, modes opératoires, Frédéric Bernard, Rémy Gayraud & Laurent Rousseau