Pricing
Sample Tutorials
Preview a selection of 1-minute videos from our highly engaging and up to date on-demand platform below.
Compliance
Liquidity Risk
An overview of some of the key concepts that compliance officers need to understand in relation to liquidity risk.
Non-Financial Misconduct
An analysis of the FCA’s developing approach to non-financial misconduct.
Product Governance
An analysis of the key product governance obligations placed on product manufacturers.
Individual Conduct Rules
An analysis of the key elements of the Individual Conduct Rules.
Whistleblowing
An overview of the UK law and regulation in relation to whistleblowing.
Financial Crime
ABC Risk Assessments
An overview of some of the practical factors to consider when developing an ABC risk assessment.
Corporate Beneficial Ownership
An analysis of the key things to consider when managing the AML risks associated with corporate beneficial ownership.
Fund Manager Case Study – Fraud Triangle
An analysis of a front running case, illustrating the circumstances that enabled it to happen.
Identifying PEPs and RCAs
An overview of the legal terminology and the practical things to consider when assessing whether a customer is a PEP.
Source of Wealth and Source of Funds
Practical things to consider when assessing and verifying source of wealth and source of funds.
Financial Products
Case Study: SPACs
The real example of the BowX/WeWork SPAC - its establishment and then the closing of the merger transaction.
Company Metrics
An overview of the vital company value and performance metrics that financial professionals and those in compliance need to understand.
Consumer Duty
Overview and Scope
A comprehensive outline of the FCA’s Consumer Duty, the role that it plays, how it fits in with other FCA initiatives and the key changes that it has introduced.
Culture, Governance and Accountability
A thorough review of the expectations placed on the Senior Management team to implement the Consumer Duty and be able to evidence its implementation.
Products and Services Outcome
A detailed review of first of the four required outcomes under the Consumer Duty – the products and services outcome.
Price and Value Outcome
A detailed review of second of the four required outcomes under the Consumer Duty – the price and value outcome.
Consumer Understanding Outcome
A detailed review of third of the four required outcomes under the Consumer Duty – the consumer understanding outcome.
Consumer Support Outcome
A detailed review of last of the four required outcomes under the Consumer Duty – the consumer support outcome.
The Virtual Compliance Mentor Syllabus - What's inside?
See our collection of short video tutorials, webinar recordings and other resources designed to help Compliance and FCC professionals build essential knowledge and develop skills.
Compliance
- Compliance Monitoring 1: Introduction
- Compliance Monitoring 2: The Role of the First Line of Defence (1LoD)
- Compliance Monitoring 3: The Importance of Challenge
- Compliance Training
- Keeping Up To Date with Regulation
- Compliance Risk Assessments – coming soon
- Overview and Scope
- Culture, Governance and Accountability
- Products and Services Outcome
- Price and Value Outcome
- Consumer Understanding Outcome
- Consumer Support Outcome
- Interaction between the Product Governance rules (PROD) and the Consumer Duty (Interactive Document)
- Senior Manager Conduct Rules
- Statements of Responsibilities
- The Certification Regime
- Individual Conduct Rules
- Non-Financial Misconduct
- Conduct Rules Training – coming soon
- Conflicts of Interest
- Case Study: Conflicts of Interest
- What is a Financial Promotion?
- Reviewing Financial Promotions
- Product Governance
- Client Assets Rules
- Suitability and Appropriateness
- Fair Treatment of Vulnerable Customers
- Client Categorisation - coming soon
- Compliance Risks - Wealth Management - coming soon
- Overview of Market Abuse Law
- Case Study: Front Running
- Insider Dealing – coming soon
- Control of Inside Information – coming soon
- Market Manipulation – coming soon
- Market Abuse Controls – coming soon
- Compliance Risk
- Operational Risk
- Credit Risk
- Liquidity Risk
- Market Risk – coming soon
- Whistleblowing Law and Regulation
- Overview of ESG
- ESG – Climate Risk – coming soon
- Corporate Governance – coming soon
Financial Crime
- ABC Risk Assessments
- Corporate Liability for Bribery
- Identifying Sanctions Risk
- Understanding Sanctions
- Managing Sanctions Risk – coming soon
- Sanctions Screening – coming soon
- AML/CTF Risk Assessments
- Proceeds of Crime Act (POCA): Failure to Report Offences
- How to Complete a Suspicious Activity Report (SAR)
- Identifying Politically Exposed Persons (PEPs) and Relatives & Close Associates (RCAs)
- Managing PEP and RCA Risks
- Source of Wealth and Source of Funds
- Corporate Beneficial Ownership
- Introduction to US AML Law and Regulation
- Trade-Based Money Laundering
- Money Laundering Risks – Capital Markets
- Money Laundering Risks – Wealth Management
- Money Laundering Risks – Payment Service Providers
- Domestic PEPs - UK Update 2024 (Interactive Document)
- Negative News Screening – coming soon
- Terrorist Financing – coming soon
- Fraud Risk Assessments – coming soon
- Facilitation of Tax Evasion – The Corporate Offence
Financial Products
- Company Metrics (Enterprise Value, Equity Value, EBIT and EBITDA)
- Special Purpose Acquisition Companies (SPACs)
- Private Equity
- Warrants
- Mergers and Acquisitions - coming soon
- Mechanics of an LBO - coming soon
- What is a Derivative?
- Options 1: Buying Call Options
- Options 2: Selling Call Options
- Options 3: Put Options
- Futures and Forwards
- Interest Rate Swaps - coming soon
- Shorting - coming soon
- Margin - coming soon
- Bond Yields
- Structured Products
- Exchange Traded Funds
- Hedge Funds
- Fund Management Key Concepts: Open Ended v Closed Ended (Interactive Document)
- Fund Management Key Concepts: Active v Passive Fund Management (Interactive Document)
- LIBOR Transition
- Interest Rate Swaps - coming soon
A full list of the video tutorials available on the platform, along with titles scheduled for release, is set out above. As part of the maintenance of the Virtual Compliance Mentor, content may be added, removed or updated from time to time.
Last updated: May 2024
Pricing
What is the CFC & Compliance CPD Programme?
In line with FCA expectations, the Combating Financial Crime & Compliance CPD Programme has been designed to help Compliance and CFC staff keep up to date with the latest regulatory developments and assist with their ongoing professional development.
The programme is designed and delivered by experienced, former practitioners and has been endorsed by the CISI for CPD purposes, making it ideal for professionals working in the financial services industry who need to keep up to date with the latest in compliance and financial crime prevention.
This is a rolling programme, with new topics released every month. When you join the programme, you will be signed up for the next 10 live tutorials (1 delivered approximately every 4-5 weeks) and be given 12 months of access to our Virtual Compliance Mentor.
Get in touch
To discover more about the Virtual Compliance Mentor (VCM) or to get a quote, please get in touch by completing the form below. Alternatively, enjoy your complimentary VCM licence when you enrol on our CFC & Compliance CPD Programme here.
A comprehensive on-demand training resource for your Compliance team
Refresh or Upskill
Compliance professionals can refresh their compliance knowledge on specific areas of best practice and compliance fundamentals.
Written by Experts
All content is written and delivered by our in-house subject matter experts, former practitioners and professional trainers.
Growing Library
The growing resource library gives compliance staff access to further videos, webinar recordings and more over time at no additional cost.
Cost Effective
The VCM is included with our CFC & Compliance CPD Programme or firms can purchase the library separately for their compliance staff.
Frequently Asked Questions
The Virtual Compliance Mentor (VCM) is a growing library that consists of a range of video resources designed to help compliance and financial crime professionals develop the basic knowledge and skills that they require. Each tutorial lasts anywhere between 5-20 minutes, making it ideal for learning on the go.
Each VCM subscription includes access to our CFC & Compliance CPD Programme.
You will be able to access all of the resources in the Virtual Compliance Mentor (VCM). As the VCM is a growing resource library, videos and other useful resources are added to the platform periodically. The platform currently consists of 70+ resources, including videos, webinar recordings and interactive documents.
Contact us if there is a specific topic that you would like to see.
Licences for the CCL Academy Virtual Compliance Mentor are sold as an entire library so videos cannot be purchased separately. However, there may be other solutions that meet your needs. Contact us to discuss your requirements.
If you would like to save costs on your compliance training, the CCL Academy compliance package, ideal for businesses, may be suitable for you. Read more about the CCL Academy 360 Approach to Compliance Learning.
The cost of the Virtual Compliance Mentor varies according to the number of licences you require. Contact us to receive a quote.
If your firm is enrolled in the CCL Academy 360 approach to compliance learning, you will automatically be able to access the Virtual Compliance Mentor upon launch as the VCM is complimentary as part of the 360 package. You can read more about the CCL Academy 360 approach to compliance learning here.
You can stream videos on any internet-enabled device that supports the playback of video content.
You can buy one, or as many licences as your firm needs.
The video content is not currently downloadable – an open internet connection is needed to stream the content.
Videos can be streamed on any internet-enabled device that supports the playback of video content.