Financial institutions, international finance and risk management

PINA MURE'

The course aims to provide students with the basic knowledge and skills on the functioning of the control system and compliance processes.
In particular, the course aims to analyze the essential elements of the previous topics, namely: the compliance function and the coordination with the other control functions, the organization and tasks of the compliance function, the controls of the compliance function on specific areas.


A) Knowledge and understanding: students will acquire the basic knowledge in terms of internal controls and compliance and they will be able to understand the fundamental characteristics. Specifically, students will develop knowledge and skills in relation to the current legislation and specific compliance processes.

B) Applying knowledge and understanding:
students will be able to know how to apply the concepts learned to specific contexts and specific cases, in particular through operative seminars and analysis of innovative and modern cases.

C) Making judgements: The teaching methodology is based on the discussion of institutional documents (Bank of Italy, EBA) and scientific articles, in order to guarantee to students the opportunity to take autonomous judgment on the role and importance of the compliance function in intermediaries financial.

D) Communication skills: At the end of the course, students will be able to express the main topics with specific technical terms


E) Learning skills: students will be able to analyze specific issues concerning the internal control system.

The course aims to provide students with the basic knowledge and skills on the functioning of the control system and compliance processes. In particular, the course aims to analyze the essential elements of the previous topics, namely: the compliance function and coordination with other control functions, the organization and the tasks of the compliance function, the function controls on the thematic areas of interest.

Intermediari Finanziari and Economia e gestione della banca are considered as necessary for the exam.

The program is divided into:
1. The continuous evolution of the regulatory environment
2. The origin of the control governance models in the different companies:
the integration of ESG factors
3. The system of internal bank controls and the new supervisory indications
4. The different models of governance
5. The organisation of the compliance function in the bank
6. The regulatory scope and the main thematic areas of the compliance function
7. Methodological analysis of compliance and reputation risk management
8. The compliance function in a business oriented perspective
9. Practical applications of business-oriented compliance
10. Compliance and Regtech solutions
11. European supervisory controls and administrative penalties: models for comparison
12. Compliance in the regulatory evolution that marked the transition from bail-out to
bail-in

Murè P. (2024) La compliance in banca. Un approccio forward looking tra control governance e pianificazione strategica
Giorgio, S. (2023). I prodotti creditizi come volano di una transizione sostenibile: tra opportunità e rischi in ottica di conformità. I QUADERNI DI MINERVA BANCARIA.

+ additional documents and slides available on elearning

Physically

Physically - classroom lessons

Oral exam and projects

- the role of the compliance function in the bank
- Enterprise Risk Management
- the regulatory environment of the banking system (internal governance, Basel III..)
- ESG impacts on the internal control system