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The four-phase research project, which began on July 31, 2005, will run until March 31, 2006. The project will examine the current qualifications, knowledge base and skills of compliance personnel and determine what kind of training and professional development can enhance a compliance officer's ability to proactively identify non-compliance risks and issues, thus contributing to the protection of consumers and reducing reputational risks. The resulting course materials will be suitable for the training of individuals working in the compliance area of the financial sector.
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