The Executive MBA Compliance
The program is a one-year part-time program. It will address both the theories applicable to this changing world and perpetually redefinition but also the best practices of major players in the sector through seminars or master classes.
Objectives and benefits of the program
This program prepares you in one year to:
- Evaluate the risks
- Define and pilot an ethics and compliance program
- Set up a control device
- Communicate and train on compliance risks
- Deploy an internal sanctions policy
- Benchmark the best practices
This MBA course will lead you to acquire the skills sought by companies confronted with compliance issues, namely:
- Manage the risk of non-compliance and unethical behavior;
- Understand the current legal and regulatory devices, to meet the multiple requirements of regulators;
- Manage a compliance service (implementation of a powerful system (policies, procedures, tools, training, controls and reporting), dissemination of the compliance culture, guarantee of vigilance and transparency, etc.)
Prerequisite (academic and / or professional)
- M1 mandatory minimum
- Minimum professional experience of 5 years
Module 1: The Fundamentals of Compliance
- Apprehension of the concept of compliance: its place within the company, duty of vigilance, HR issues, reporting obligations, corporate responsibility, CSR
- Sources of Compliance: Hard Law (international conventions, laws, regulations, rulebooks of regulators); soft law (good practices, recommendations, ethics); articulation of the two sources (comply or explain, name and shame)
- Functioning of national, European and foreign control authorities (AMF, ACPR, CNIL, ADLC, etc., EBA, ESMA, commission, etc., OFAC, PRA, SFO, etc.)
- Extraterritorial applications of compliance (FATCA, FCPA, competition rule, blocking law, World Bank, etc.).
Module 2: Management of a Compliance Service
- Comparison of best practices in different sectors and countries
- Role and challenges of a service and a compliance expert
- Development of a compliance program (risk mapping, control, code of ethics, warning system, etc.)
- Deployment of the program, service animation, communication and training
- Know and communicate about legal issues (criminal law, business, social, fiscal, financial, computer, etc.)
- Regulatory and legal watch (Bale 3 and 4, Solvency II, MIF, MAR, derivatives, etc.)
Module 3: Understanding the Risk of Compliance
- Digital Risk: Digital Security and Cyber Threat; Big Data; Internet of Things; social networks; data protection and RGPD; communication with the CNIL; development of a computer charter
- Risk of legal non-compliance:
- Corruption Risk (OECD, FCPA, UKBA, SCPC Guideline, Leaders' Commitment, Ethics Program, National, European or FOCA Control and Sanctions)
- Conflicts of Interest Risk (Board of Directors, Supervisory Board, Advisory Committees, Independent Directors, etc.)
- Risk of anti-competitive practices (cartels, abuse of dominant position, etc.)
- Risk of fraud and financial delinquency (market abuse, money laundering, terrorist financing)
- Tax risk (evasion, tax havens, etc.)
- Social and environmental risk: suppliers, subcontractors, environmental damage, sanctions, etc.)
Module 4: Managing a Compliance Risk
- Cooperation with national and international regulatory authorities; internal and external communication, etc.
- Conduct of an internal audit or investigation (procedure, independence of investigators, guarantee of employees, etc.)
- Support of an external investigation (upstream cooperation with regulatory authorities, downstream cooperation with regulatory authorities, searches, visits to workplaces, guarantee of rights, etc.)
- Negotiate and execute French or foreign transaction agreements (administrative and criminal transactions, national or international, plead guilty, US Deferred Prosecution and the Public Interest Court Convention, plea bargain reduction procedures, etc.)
Module 5: Compliance Practices
- Case study: simulation (serious game); case law; news, etc.
- Compliance officer: positioning in the company; links with top management; judicial direction; risk management; board of directors or supervisory board; independence; responsibility, etc.
- Protection of whistleblowers (whistleblowing, sorting alerts, etc.)
- Drafting of an ethics charter and a compliance program
- Writing a compliance report
- Outsourcing of compliance functions (precautions, outsourcing agreements, etc.)
Module 6: Individual Project
- Follow-up and supervision
- Memory and defense
Methodology and pedagogical approach
The pedagogical approach is based on four fundamental pillars: learning, understanding, mastering and evolving.
- Learn the basics to ensure a good understanding.
- Understand to have control.
- Master to be able to evolve.
The process combines the acquisition of technical knowledge, management and business to be on the border of worlds that sometimes have trouble understanding each other.
At the level of tools the approach is agnostic. It does not focus on one, but seeks to highlight what is common to all tools and rather highlights the advantages and disadvantages of each.
This methodology applied in both M1 and M2 will allow you to successfully meet the challenges of Big (and small) Data of any type of organization
Off Course Activities: Individual Work
- Specific evaluations according to the courses
- Cross-sectional practical cases
- Serious gaming
Master classes, Meetings with experts and companies
ESLSCA has a long tradition of financial training.
In 70 years, finance has evolved as our School but we are always committed to giving our participants the best tools to sustain their career.
The Executive MBA Compliance
- Our pedagogy aims to meet the specific expectations of professionals by:
- A teaching that is both theoretical and applied
- A situational approach and case study
- Regular contacts with experts
- Individualized learning
Learners will be assessed throughout the course on group work, individual assignments, or table reviews.
- Compliance or Compliance Officer
- Director or Head of the fight against money laundering and terrorist financing
- Director or Head of Internal Control
- Director or Head of Audit
- Director of Banking Risks
The School offers you the possibility, for all its courses, to apply online throughout the year: from January to December.
The selection of candidates is done on file (CV questionnaire of candidature) followed by an interview of motivation.
Conditions of Admission:
- Company executives
- MBA 1 validated or in the course of validation for a schooling during a university year (program MBA 2)