12Days08Hrs29Mins50Secs
Oct 28 2024

Legal And Regulatory Framework For Financial Institutions(Oct. 28-30) Virtual

  • 9:00am
  • National Banking College

Background

The banking industry continues to be regulated and the laws and regulations undergo continuous changes to respond to developments within the industry and therefore staff of banks who are required to implement these laws in the delivery of their product and services need also to be abreast with any changes in the laws and regulations.

This training is designed to provide participants with in-depth knowledge of some legislations, namely: Bills of Exchange Act, 1961 (Act 55), Foreign Exchange Act, 2006 (Act 723), Credit Reporting Act, 2007 (Act 726), Related Guidelines and Directives.

Programme Objectives

  • Understand key contents of the various laws and regulations
  • Understand challenges in applying the laws
  • Identify and mitigate risks associated with non-compliance.
  • Comprehend the implications of these legislations on day-to-day operations.

Course Outline

Introduction to Key Financial Legislations
Importance of Compliance in Financial Institutions
Role of Regulatory Bodies
Legal and Ethical Considerations in Banking Operations.
Legal and regulatory processes associated with each Act
Compliance with Bills of Exchange Act and BoG directives/Guidelines.
Foreign Exchange Act and BoG Foreign Exchange operational Guidelines/Directives
Credit Reporting Act and Credit Referencing Bureau operations.

Target Group

  • Supervisors and Heads of: Legal, Credit Risk, Compliance, Operations, and Internal Audit

CostGHC0.00

To register, contact the programmes secretariat now !

+233 (0) 302 760006