This training will provide to the board of a Micro Credit Institution (MCI), an introductory training in the areas of Corporate Governance, Compliance, and Data Protection as it relates to MCIs.
This training will provide to the board of a Micro Credit Institution (MCI), an introductory training in the areas of Corporate Governance, Compliance, and Data Protection as it relates to MCIs.
The MCI Board Essential Training Course will cover three (3) main topics; Corporate Governance, Compliance, and Data Protection. Training will be conducted via live classes, recorded webinars, provision of training videos, and ongoing assessments.
The content of each topic is as follows:
Topics
Contents
Target Audience
Corporate Governance
What is Corporate Governance?
Beneficial Ownership of a Company
Skills that a Board Needs
Choosing Your Board
Structure of the Board
Roles & Responsibilities of Directors
Components of Governance
Understanding Company Risk
Rules and Regulations governing the Company's Operations
Understanding how to conduct Board Meetings
Board of Directors
Compliance
An Introduction to Anti-Money Laundering (AML)
An Overview of the Proceeds of Crime Act (POCA)
An Introduction to Counter Terrorism Financing (CFT)
Fit and Proper Requirements
Overview of Know Your Customer (KYC) Requirements
Introduction to Placement, Layering and Integration
Company Controls
Reporting Requirements Overview
Board of Directors
Data Protection
How the Data Protection Act Impacts MCIs
The 8 Principles of Data Protection
What is Data Processing
Roles and Responsibilities of the Information Commissioner
Responsibilities of the Data Protection Officer
Reporting Requirements
Data Protection Policies and Procedures
Customer Protection
Board of Directors
Requirements
The following are prerequisites for the MCI Board Essential Training Course:
Must be a registered MCI with an approved license to operate issued by the competent authority.
Must be a member of the Board of Directors of a licensed MCI.