Many articles, research and business media have cited the need for companies to take all the necessary measures to preserve their viability and development in today’s fierce competitive environment.
Adherence to regulations is of paramount importance, especially in connection with anticipating and dealing with challenges relating to local and international money laundering practices, market abuse and fraud, data privacy and data protection in addition to information security policies, which minimize hacker penetration into sensitive information. These are merely few of the areas which affected by regulatory compliance.
The level of compliance and applicable procedures put into place, should always be adapted to the industry that a company operates in, its products and services as well as the relevant regulations/legislation a company is bound by to run its operations.
Companies therefore incorporate into their management and departmental policies, those steps and processes that will work as ‘firewalls’ for the mitigation of risk and continuation of their operations, which will subsequently allow their clients to place their trust in the company and feel secure in the hands of their business partners.
The need for compliance coincides with the requirement for professionals to be continuously and adequately proficient in their respective fields, ensuring that their knowledge is up to date vis-a-vis current regulations and industry best practices. This involves investment on behalf of companies or the professional in the form of training.
Fortunately, there is a diversity of options available in terms of the study methods and training subjects that a professional is able to choose from. Open seminars for example offer a more personal approach in terms of the relationship between the trainer and the trainee. Networking presents additional benefits since it gives professionals the opportunity to exchange views with their peers as well as develop potential leads. On the other hand, in-house training involves addressing addressing current or future needs of a company and is tailored to its operations. Moreover, e-learning offers greater flexibility to the participant to complete a course at his/her own pace, at a location of their choice.
Regardless of the learning method or plan, in most cases, the objectives are usually the same; to uphold one’s level of education in order to perform your daily duties as well as obtain Continuing Professional Development (CPD) points.
Our dedicated training division, Infocredit Professional Education (part of Infocredit Group), is committed to providing compliance-focused courses, via multiple methods, to meet industry needs and help professionals conform to regulations. Our courses are developed by our experienced local training partners as well as our established international strategic partners VinciWorks and ICSA: The Governance Institute.
Panayiotis Marinou
Training Division Manager
Infocredit Professional Education
