Compliance Risk Management (CMPLRM)
Target Audience
Officials who have a senior role in Compliance Risk Management in their agencies
Course Description
This course, presented by the IMF’s Fiscal Affairs Department (FAD) is designed for senior officials who have a leadership role in the area of Compliance Risk Management. The purpose of the course is to consider the importance of a risk based approach to compliance and how this leads to the efficient administration of the revenue system. Discussions will follow on alignment to the organizations mission, vision and values and how this should guide practical compliance work. The course will be tailored towards participants who are responsible for establishing or leading the compliance risk unit within their administration. It will include coverage of theoretical concepts at the beginning of each module and then follow these by practical examples for course participants to undertake.
The course will cover the following main topics:
- What is risk management and why is risk based management important;
- Undertaking intelligence gathering. - Risk differentiation;
- Mitigating risks through a compliance improvement program; and
- Development by each administration of plans to implement a risk register and adopt risk differentiation.
Course Objectives
The objective of the course is to cover not only conceptual course material (i.e., theory) but to also ensure strong fundamentals are established through undertaking practical work. Course materials will be based on practical support materials and will provide participants with sufficient knowledge and tools to permit them to return to their administrations and develop an organizational risk register and a risk differentiation approach to compliance.
