Duration: 3-week online course | 2 hours per week

“Blowing the whistle” is an obligation for the employees that allows the organisations to promptly detect any wrongdoing in terms of safety, ethics, compliance, good governance and financial crime. The significance of whistleblowing policies has been recognised by countries and regulatory authorities and we have noticed important amendments of the legislations in order to empower whistle blowers to speak up and promote transparency.

This course focuses on understanding the philosophy and mechanism of the whistleblowing policy and at the same time on assessing the difficulties, concerns and dilemmas during the implementation phase. We will present and analyse how to encourage employees to report wrong-doing and protect them when they become whistleblowers. This course will help the participants to understand the concept of retaliation and its negative impact on overall employee morale.

During the course we shall also present and discuss the bad practices of the whistleblowing policies, the causes, the risks and concerns and how organizations should deal with these cases that have caused significant damage to their reputation.

Finally, this course will enhance the understanding of local and international laws and regulatory frameworks, which influence significantly the implementation of the whistleblowing policy and affect the whistleblowers accordingly.

Afroditi Boura

Afroditi Boura is a member of the Association of Professionals of Regulatory Compliance of Greece, member of the Economic Chamber of Greece and a certified Compliance and Risk Manager from the EU. Afroditi holds a BA from University of Piraeus in Greece and certification for ISO31000:2018 as Risk Professional and as Trainer.

Afroditi has been registered as an Authorised Individual by the DFSA since 2017 and by the CMA in Kuwait since 2019 and has worked with a broad range of regulated entities in Middle East and Europe including insurance and reinsurance, healthcare, oil and energy, food and beverage, pharmaceutical, wholesale, brokerages, financial institutions, construction, telecommunication and automobile.

Afroditi also has wide experience at senior management level with government owned enterprises in the GCC and Europe.

Syed Farooq Shah

Farooq is a compliance professional with an MPA degree specializing in Public Finance and Project Management, as well as an MBA and BSc. Honours Degree in Information Technology with specialization in MIS & Database. Farooq is a member of International Institute of Certification for ISO (IIC) and member of GCC Board of Directors Institute UAE.

Farooq is experienced in working with Commercial Banks, Investment Banks, Currency Exchange Houses, Asset Managers, Public Funds, Fintech, Real Estate and Money Services Providers in both retail and wholesale environments, dealing with all levels including board executives and audit committees. His wider experience includes managing relations with the Regulators including CBUAE, SCA, FSA, FSRA, CBUAE Treasury, DMCCA and DFSA, as well as advising on Governance Risk, Conduct Risk, Financial Crime, Regulatory Permissions and Authorisation, Regulatory Risk and Correspondent Banking Risks. Farooq has worked both as an outside consultant as well as taking interim positions in firms when required. He is experienced in working as a controlled function or nominated officer.

Farooq has been registered as an Authorised Individual by the DFSA since 2011, FSRA since 2019 and CBUAE for firms across a broad spectrum and complexity of licences, including non-deposit taking credit institutions, fund and asset managers and advisory clients. He advises clients on the requirements to set up a FinTech business in both the DIFC and the ADGM, prepare them for meetings with the relevant regulator, and assist them with the development of their compliance framework.

Date Final Fee
28 Feb 21 - 20 Mar 21 USD 1125