Banking Regulation

Overview:

Introduction:

This training program provides 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.

Program Objectives:

At the end of this program, the participants will be able to:

• Navigate and interpret banking regulations and supervisory frameworks effectively.

• Apply regulatory rules governing account opening, operations, and credit transactions.

• Implement principles of bank information security and confidentiality in practice.

• Execute various payment methods and transactions in compliance with regulatory requirements.

• Utilize trade finance instruments and understand their applications in commercial transactions.

• Identify different types of bank accounts and the associated requirements for opening and maintaining them.

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.

Program Outlines:

Unit 1: 

Banking Regulations and Operations:

•    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)

Unit 2: 

Bank Information Security and Account Maintenance:

•    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: 

Payment Methods and Transactions:

•    Payments to Suppliers.

•    Cash.

•    Bank Transfer.

•    CAD ( Cash Against Documents).

•    LC  at sight or deferred.

Unit 4:

Trade Finance Instruments:

•    Trade Finance.

•    LC Issuance.

•    Bank Guarantees.

•    Performance bonds.

•    Bid bonds. 

Unit 5:

Account Types and Requirements:

•    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.