STEP Certificate in Compliance for Professional Advisors

Wherever you are located, the STEP Certificate in Compliance for Professional Advisors outline the principles and best practice outcomes for regulatory compliance.

This course offers an insight into current anti-money laundering/combating the financing of terrorism (AML/CFT) regulations that have been adopted across different jurisdictions.

This Certificate is delivered by CLT International, in collaboration with the International Compliance Association (ICA) and will be awarded by STEP, in association with Alliance Manchester Business School, a school of The University of Manchester.

What does this qualification cover and how is it delivered?

What does this qualification cover?

The Certificate covers:

  • The regulation of professional service providers
  • The regulation of financial services
  • Compliance with the STEP code of professional conduct
  • Consumer protection and client care
  • Managing the risks of money laundering and terrorist financing
  • The regulation of anti-money laundering activity
  • Preventing financial crime

Downloads

How is it delivered?

Delivered entirely online and catering for an international audience, this distance learning course takes six months to complete.

Candidates have access to a range of comprehensive resources through an online learning platform including a bespoke course manual, self-assessment materials and access to a course discussion forum.

This course is assessed via a 2,000 – 2,500 word assignment and a 1 hour and 45 minute open book examination (including 15 minutes reading time), held in local centres. The written assignment and the exam each represent 50% of the overall assessment.

What are the benefits to me and my employer?

How will I benefit from this course?

Successful completion of this certificate will help you to:

  • Understand the need for professional services to be regulated and the approaches to professional regulation
  • Explain how the nature of professional regulation has changed and the main trends that have emerged, and how they might develop in the future
  • Outline the need for regulation of financial services and the main legislative and regulatory models that apply
  • Understand the standards of client care that should be provided in accordance with the STEP Code of Professional Conduct
  • Implement an effective client care programme and consider the contribution that voluntary quality management programmes such as ISO 9001 may make to such programmes both generally and in your organisation
  • Demonstrate awareness of the disciplinary processes applied by regulators
  • Understand what constitutes money laundering and terrorist financing and why these activities are prohibited
  • Outline how regulatory regimes supplement the main anti-money laundering and terrorist financing legislation, and know how to implement a suitable policy for use in your organisation
  • Identify other types of financial crime and the likely legislation prohibiting such crimes in any given jurisdiction
  • Interpret how the law enforces the duties of confidentiality through data protection provisions
  • Appreciate the reporting obligations under FATCA and CRS

How will my employer benefit?

Successful completion of the Certificate will enable you to:

  • Demonstrate up-to-date knowledge and understanding of the regulation of professional service providers
  • Ensure that you and your organisation are complying with relevant legislation, regulation and codes of professional conduct
  • Demonstrate commitment to client care and enhance the level of service that your organisation provides through the implementation of an effective client care programme
  • Act in accordance with the standards of professionalism expected under the STEP Code of Professional Conduct

Entry advice and requirements

Who would find this qualification useful?

The Certificate is open entry and will be of interest to those who work in the trust field, including:

  • Lawyers
  • Accountants
  • Tax advisers
  • Trust officers and administrators
  • Banking and insurance professionals

What are the entry requirements?

The Certificate is open entry; however, applicants should have a good standard of literacy and be aware that the programme is delivered in English.

This Certificate counts as 30 Entry Level credits and can lead to Affiliate membership, if you already have or are able to gain a further 30 credits. For more information please see the Qualifications and Membership Framework

Further course details

How much will it cost?

Full members receive a GBP 45 discount. The course fee for all other applicants is GBP 895 + UK VAT.

The fee includes all learning resources, distance learning support and examination fees.

What are the course dates?

Current intake closing date: 28 February 2018

Assignments due by:  25 June 2018

Exam date: 6 September 2018

For future course dates please visit the CLTI website

How do I apply?

Register online or download and return the enrolment form (PDF 216KB)

If you have any questions, please contact pd@step.org