What does the Compliance course cover?
Compliance is covered here in 8 modules: Introduction to the Payment Services Directive (PSD): Key definitions and concepts, Types of Payment Services and Regulatory Requirements: Capital requirements and funding, Risk Management and Security Measures: Business continuity planning and 5 more.
How do you approach Compliance step by step?
The work is sequenced in 8 stages. It starts with Introduction to the Payment Services Directive (PSD): Key definitions and concepts, moves through Types of Payment Services and Regulatory Requirements: Capital requirements and funding and Risk Management and Security Measures: Business continuity planning, and ends at Case Studies and Group Discussions: Sharing of best practices and experiences.
What is in Module 1 of the Compliance course?
Module 1 is Introduction to the Payment Services Directive (PSD): Key definitions and concepts. It works through overview of the PSD and its objectives, scope and application of the PSD, key definitions and concepts and 1 more. It sets the vocabulary the remaining 7 modules build on.
How is the Compliance course delivered?
The Compliance course is fully self-paced with immediate online access after enrolment. Access does not expire and future updates are included at no cost. It can be taken on any device, and a certificate of completion is issued by The Art of Service when you finish.
How much does the Compliance course cost?
The Compliance course is $199 as a one time payment. There is no subscription, no per seat licence and no hidden fee. Enrolment carries a 30 day satisfied or refunded guarantee, so it can be assessed in full before you commit.
Closely related courses: Fixing Payment Systems That Break Under Load, Payment Operations Compliance for Tech Leaders Under.
More answers: what you get with every course, refund policy, all help answers.
Mastering Compliance: A Step-by-Step Guide to Ensuring Full Coverage under the Payment Services Directive
Course Overview
This comprehensive course is designed to provide participants with a thorough understanding of the Payment Services Directive (PSD) and the requirements for ensuring full compliance. The course is structured to take participants on a step-by-step journey through the complexities of the PSD, providing interactive and engaging content, real-world applications, and actionable insights.Course Objectives
- Understand the Payment Services Directive (PSD) and its requirements
- Learn how to ensure full compliance with the PSD
- Gain knowledge of the different types of payment services and their regulatory requirements
- Understand the role of the European Banking Authority (EBA) and the European Central Bank (ECB) in regulating payment services
- Learn how to implement effective risk management and security measures
- Understand the importance of anti-money laundering (AML) and combating the financing of terrorism (CFT) regulations
- Gain knowledge of the different types of payment systems and their regulatory requirements
- Learn how to ensure compliance with the General Data Protection Regulation (GDPR)
Course Outline
Module 1. Introduction to the Payment Services Directive (PSD): Key definitions and concepts
- Overview of the PSD and its objectives
- Scope and application of the PSD
- Key definitions and concepts
- Regulatory framework and enforcement
Module 2. Types of Payment Services and Regulatory Requirements: Capital requirements and funding
- Overview of different types of payment services (e.g. credit transfers, direct debits, card payments)
- Regulatory requirements for each type of payment service
- Authorization and licensing requirements
- Capital requirements and funding
Module 3. Risk Management and Security Measures: Business continuity planning
- Overview of risk management principles and practices
- Security measures for payment services (e.g. encryption, authentication)
- Incident response and crisis management
- Business continuity planning
Module 4: Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) Regulations
- Overview of AML and CFT regulations
- Customer due diligence and know-your-customer (KYC) requirements
- Transaction monitoring and reporting
- Sanctions and asset freezing
Module 5. Payment Systems and Regulatory Requirements: Governance and oversight
- Overview of different types of payment systems (e.g. SEPA, SWIFT)
- Regulatory requirements for each type of payment system
- Interoperability and standards
- Governance and oversight
Module 6. General Data Protection Regulation (GDPR) and Compliance: Consent and data subject rights
- Overview of the GDPR and its application to payment services
- Data protection principles and practices
- Consent and data subject rights
- Data breach notification and incident response
Module 7. Compliance and Governance: Audit and assurance, Regulatory reporting and disclosure
- Overview of compliance and governance principles and practices
- Compliance frameworks and risk management
- Audit and assurance
- Regulatory reporting and disclosure
Module 8. Case Studies and Group Discussions: Sharing of best practices and experiences
- Real-world case studies of payment services and compliance challenges
- Group discussions and debates on compliance and regulatory issues
- Sharing of best practices and experiences
Certificate of Completion
Upon completion of the course, participants will receive a certificate issued by The Art of Service, demonstrating their mastery of compliance and regulatory requirements for payment services.Course Features
- Interactive and engaging content
- Real-world applications and case studies
- Actionable insights and best practices
- Hands-on projects and group discussions
- Bite-sized lessons and flexible learning
- Lifetime access to course materials
- Gamification and progress tracking
- Mobile-accessible and user-friendly platform
- Community-driven and expert instructors
- High-quality content and certification