Mastering Compliance: A Step-by-Step Guide to Ensuring Total Risk Coverage under the Payment Services Directive
This comprehensive course is designed to provide participants with a thorough understanding of the Payment Services Directive (PSD) and the necessary steps to ensure total risk coverage. Upon completion, participants will receive a certificate issued by The Art of Service.Course Overview This course is interactive, engaging, comprehensive, personalized, up-to-date, practical, and features real-world applications. It includes high-quality content, expert instructors, certification, flexible learning, user-friendly interface, mobile accessibility, community-driven, actionable insights, hands-on projects, bite-sized lessons, lifetime access, gamification, and progress tracking.
Course Outline The course is divided into the following modules: - Module 1: Introduction to the Payment Services Directive (PSD)
- Overview of the PSD
- Key objectives and scope
- Definitions and terminology
- Module 2: Understanding the PSD Requirements
- Licensing and authorization
- Capital requirements
- Own funds and liquidity
- Risk management and governance
- Compliance and reporting
- Module 3: Conduct of Business Requirements
- Transparency and disclosure
- Information requirements
- Payment service user protection
- Dispute resolution
- Module 4: Risk Management and Governance
- Risk management framework
- Risk assessment and mitigation
- Internal controls and audit
- Compliance and regulatory risk
- Module 5: Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT)
- AML/CFT requirements
- Customer due diligence
- Reporting and record-keeping
- Sanctions and high-risk countries
- Module 6: Data Protection and Security
- Data protection requirements
- Personal data processing
- Data security measures
- Breach notification and incident response
- Module 7: Compliance and Regulatory Requirements
- Compliance framework
- Regulatory requirements
- Reporting and record-keeping
- Enforcement and sanctions
- Module 8: Operational Risk and Business Continuity
- Operational risk management
- Business continuity planning
- Disaster recovery and crisis management
- Supply chain risk management
- Module 9: Payment Services and Systems
- Payment services and systems overview
- Payment processing and settlement
- Payment security and authentication
- Mobile payments and digital wallets
- Module 10: Fintech and Innovation
- Fintech and innovation overview
- Regulatory sandbox and innovation hubs
- Blockchain and distributed ledger technology
- Artificial intelligence and machine learning
- Module 11: Case Studies and Group Discussions
- Real-world case studies
- Group discussions and debates
- Problem-solving and critical thinking
- Module 12: Final Assessment and Certification
- Final assessment and exam
- Certification and accreditation
- Continuing professional development
Course Features This course includes the following features: - Interactive and engaging: The course includes interactive elements, such as quizzes, games, and group discussions, to keep participants engaged and motivated.
- Comprehensive and up-to-date: The course covers all aspects of the PSD and is updated regularly to reflect changes in the regulatory environment.
- Personalized and flexible: The course allows participants to learn at their own pace and includes flexible learning options, such as online and mobile access.
- Expert instructors and support: The course is taught by expert instructors with extensive experience in the field, and participants have access to support and guidance throughout the course.
- Certification and accreditation: Participants receive a certificate upon completion of the course, which is accredited by The Art of Service.
- Lifetime access and updates: Participants have lifetime access to the course materials and receive updates and new content as it becomes available.
- Gamification and progress tracking: The course includes gamification elements, such as badges and leaderboards, to encourage participants to track their progress and stay motivated.
Course Benefits This course provides the following benefits: - Improved knowledge and understanding: Participants gain a comprehensive understanding of the PSD and its requirements.
- Enhanced skills and competencies: Participants develop the skills and competencies needed to implement the PSD requirements in their organization.
- Increased confidence and credibility: Participants gain confidence and credibility in their ability to manage PSD compliance and risk.
- Better decision-making and problem-solving: Participants develop the critical thinking and problem-solving skills needed to make informed decisions and address PSD-related challenges.
- Improved compliance and risk management: Participants learn how to implement effective compliance and risk management strategies and procedures.
- Enhanced career prospects and opportunities: Participants gain a recognized certification and enhance their career prospects and opportunities.
,
- Module 1: Introduction to the Payment Services Directive (PSD)
- Overview of the PSD
- Key objectives and scope
- Definitions and terminology
- Module 2: Understanding the PSD Requirements
- Licensing and authorization
- Capital requirements
- Own funds and liquidity
- Risk management and governance
- Compliance and reporting
- Module 3: Conduct of Business Requirements
- Transparency and disclosure
- Information requirements
- Payment service user protection
- Dispute resolution
- Module 4: Risk Management and Governance
- Risk management framework
- Risk assessment and mitigation
- Internal controls and audit
- Compliance and regulatory risk
- Module 5: Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT)
- AML/CFT requirements
- Customer due diligence
- Reporting and record-keeping
- Sanctions and high-risk countries
- Module 6: Data Protection and Security
- Data protection requirements
- Personal data processing
- Data security measures
- Breach notification and incident response
- Module 7: Compliance and Regulatory Requirements
- Compliance framework
- Regulatory requirements
- Reporting and record-keeping
- Enforcement and sanctions
- Module 8: Operational Risk and Business Continuity
- Operational risk management
- Business continuity planning
- Disaster recovery and crisis management
- Supply chain risk management
- Module 9: Payment Services and Systems
- Payment services and systems overview
- Payment processing and settlement
- Payment security and authentication
- Mobile payments and digital wallets
- Module 10: Fintech and Innovation
- Fintech and innovation overview
- Regulatory sandbox and innovation hubs
- Blockchain and distributed ledger technology
- Artificial intelligence and machine learning
- Module 11: Case Studies and Group Discussions
- Real-world case studies
- Group discussions and debates
- Problem-solving and critical thinking
- Module 12: Final Assessment and Certification
- Final assessment and exam
- Certification and accreditation
- Continuing professional development
Course Features This course includes the following features: - Interactive and engaging: The course includes interactive elements, such as quizzes, games, and group discussions, to keep participants engaged and motivated.
- Comprehensive and up-to-date: The course covers all aspects of the PSD and is updated regularly to reflect changes in the regulatory environment.
- Personalized and flexible: The course allows participants to learn at their own pace and includes flexible learning options, such as online and mobile access.
- Expert instructors and support: The course is taught by expert instructors with extensive experience in the field, and participants have access to support and guidance throughout the course.
- Certification and accreditation: Participants receive a certificate upon completion of the course, which is accredited by The Art of Service.
- Lifetime access and updates: Participants have lifetime access to the course materials and receive updates and new content as it becomes available.
- Gamification and progress tracking: The course includes gamification elements, such as badges and leaderboards, to encourage participants to track their progress and stay motivated.
Course Benefits This course provides the following benefits: - Improved knowledge and understanding: Participants gain a comprehensive understanding of the PSD and its requirements.
- Enhanced skills and competencies: Participants develop the skills and competencies needed to implement the PSD requirements in their organization.
- Increased confidence and credibility: Participants gain confidence and credibility in their ability to manage PSD compliance and risk.
- Better decision-making and problem-solving: Participants develop the critical thinking and problem-solving skills needed to make informed decisions and address PSD-related challenges.
- Improved compliance and risk management: Participants learn how to implement effective compliance and risk management strategies and procedures.
- Enhanced career prospects and opportunities: Participants gain a recognized certification and enhance their career prospects and opportunities.
,
- Improved knowledge and understanding: Participants gain a comprehensive understanding of the PSD and its requirements.
- Enhanced skills and competencies: Participants develop the skills and competencies needed to implement the PSD requirements in their organization.
- Increased confidence and credibility: Participants gain confidence and credibility in their ability to manage PSD compliance and risk.
- Better decision-making and problem-solving: Participants develop the critical thinking and problem-solving skills needed to make informed decisions and address PSD-related challenges.
- Improved compliance and risk management: Participants learn how to implement effective compliance and risk management strategies and procedures.
- Enhanced career prospects and opportunities: Participants gain a recognized certification and enhance their career prospects and opportunities.