Опис курсу

The discipline “Financial Compliance” is an elective discipline in the specialty “Finance, Banking and Insurance” for the educational program “Finance, Customs and Taxation.”

The discipline “Financial Compliance” is an elective discipline in the specialty “Finance, Banking, and Insurance” for the educational program “Finance, Customs, and Taxation.”

The purpose of studying the educational component “Financial Compliance” is to acquire theoretical knowledge and develop professional competencies in the organization and implementation of financial compliance by international organizations, regulators, and financial market participants involved in the process of conducting financial transactions.

The objectives of the discipline are:

• to enable students to acquire knowledge about the essence and evolution of the concept of financial compliance, its regulatory and financial components, and to determine the role and functions of international organizations, regulators, and central banks in its implementation;
• to provide students with a systematic understanding of the theoretical and organizational and legal foundations of licensing financial companies, regulatory and legislative acts on financial compliance (and financial monitoring as its component) in Ukraine and worldwide;
•  familiarize students with the advantages and disadvantages of offshore business for financial corporations, the identification of risks and ratings of different jurisdictions from the perspective of tax optimization and reduction of other types of investor costs;
• develop applicants’ skills in applying the principles of “Know Your Customer” (KYC) based on a risk-oriented approach when opening accounts with banks and financial companies, as well as using methods of working with insider information.