An Intensive 5-day Training Course
Statutory, Legal and Compliance Requirements
Compliance in Practice & Risk Management
Scheduled Dates
Classroom
| 13 - 17 Jan 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 23 - 27 Feb 2025 | Riyadh - Saudi Arabia | $5,950 | RESERVE A SEAT |
| 21 - 25 Apr 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 16 - 20 Jun 2025 | Lisbon - Portugal | $5,950 | RESERVE A SEAT |
| 14 - 18 Jul 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 04 - 08 Aug 2025 | Amsterdam - The Netherlands | $5,950 | RESERVE A SEAT |
| 10 - 14 Nov 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 08 - 12 Dec 2025 | London - UK | $5,950 | RESERVE A SEAT |
Online
| 21 - 25 Apr 2025 | Online | $3,950 | RESERVE A SEAT |
| 10 - 14 Nov 2025 | Online | $3,950 | RESERVE A SEAT |
Are the scheduled dates matching with your needs?
We provide a wider range of training options. Tailored and customized, we can deliver your organisation’s training needs anytime, anywhere.
Why Choose this Training Course?
In this Statutory, Legal and Compliance Requirements training course, we examine complexity of issues encountered by compliance officers and managers which is a result of the regulatory regime and the increasingly dynamic nature of the business and the risk scenarios which arise as a consequence. We introduce, demonstrate and test best practice recommendations for the role of the Legal and Compliance Officer, and the ever increasing need within to comply with requisite statutory, regulation, and best practice and to ensure that their staff are appropriately trained.
This training course is designed from legal compliance practitioner’s perspective and it provides a comprehensive overview of the regulatory environment, the role of compliance professionals, their functions and position within the regulatory regime and their relationship with the business and other stakeholders.
This PetroKnowledge training course will highlight:
- The statutory and regulatory environment
- The role and powers of the authorities (from international perspective)
- The style and features of regulation
- The role and responsibilities of the compliance
- The issues to be considered in developing compliance policies and procedures
- A variety of core pieces of legislation which are relevant to the compliance function
- Best practice risk management techniques
- Key risk areas
What are the Goals?
This training course will enhance your ability to identify and determine the statutory, legal and compliance requirements within your organisation. It will boost your skills in ensuring that work activities adhere and is compliant with legal frameworks, while seeking to provide an environment which minimises the risk to all who operate within it.
At the end of this Statutory, Legal and Compliance Requirements training course, you will learn to:
- The role and responsibilities of the compliance function, including the designated Compliance Officer roles, and the skills needed to successfully discharge these
- The issues to be considered in developing compliance policies and procedures
- A variety of core pieces of legislation which are relevant to the compliance function
- Key risk areas, including money laundering, cyber-crime, bribery and corruption, data protection loss and financial services regulation
- Best practice risk management techniques
Who is this Training Course for?
This training course is specifically designed for anyone in a compliance or risk management role in business. Employees with management responsibility for compliance and any individual who wishes to learn fundamental compliance principles.
This PetroKnowledge Statutory, Legal and Compliance Requirements training course is suitable to a wide range of professionals but will greatly benefit:
- Compliance officers and employees
- Risk managers
- Compliance managers, associates and analysts
- Contract executives and managers
- Staff whose job role includes legal compliance responsibilities
How will this Training Course be Presented?
In this Statutory, Legal and Compliance Requirements training course, our expert presenter draws on practical experience and extensive discussion with compliance officers, policy makers, law officers, private sector contractors around the world. This training course blends presentations with practical case studies and interactive exercises to ensure that participants have ample opportunity to discuss, challenge and understand the key principles in statutory, legal and compliance requirements.
Organisational Impact
Success can be learned, and failures avoided, by examining others' experience. Throughout this Statutory, Legal and Compliance Requirements training course, we draw on practical examples of best practice and well-documented failures to maximize your team's chances of success. Through practical examples, open discussion and interactive exercises, your team can gain the skills and confidence to deal with statutory, legal and compliance requirements within your organisation.
Personal Impact
Your team members will learn and have the opportunity to practice techniques for:
- Evaluating key elements of statutory, legal and compliance in the business
- Why risk management of legislative breach must be included in compliance framework
- Links between compliance, regulation and professional ethics
- Qualities required of compliance professionals
- Recent developments in legal and regulatory framework
Daily Agenda
Day One : Understanding Risk, Statutory, Legal and Regulatory Compliance
- What is effective legal and regulatory compliance?
- Prudential compliance
- What are the objectives of compliance?
- What is integrity in the eyes of the regulator?
- Managing regulatory compliance in a dynamic environment
Regulators and their Power
- The role of the regulator
- Regulatory models
- Enforcement
- Regulatory rules
- The framework of a regulator
- The potential liability of regulators
Day Two : Understanding the Legal and Regulatory Environment
- The need for, and objectives of law and regulation
- Sources of law and regulation
- Prevention of money laundering and financial crime
- Understanding money laundering offences
- Designing an effective reporting system
- Terrorist financing
- The USA PATRIOT act and US extraterritoriality
- Money laundering and tax evasion
- Financial crime
- Preventing fraud
- Corruption
- Market manipulation / misleading statements, insider dealing and market abuse
Day Three : Industry Knowledge and Awareness
- Codes of corporate governance
- Regulatory principles
- Overview of commercial laws and mechanisms governing legal persons and arrangements
- Regulators
- Products and services
The Role of the Compliance Officer
- Compliance structure
- The role of the compliance officer
- Key compliance activities and processes
- Risk-based compliance monitoring
- Investigating compliance breaches
- Training
Day Four : Compliance in Practice
- Compliance governance
- Internal and external relationships
- Links between compliance, culture and ethics
- Specific internal compliance control issues
- Risk management
Key Compliance Issues
- Practical considerations
- Compliance oversight and internal controls
Day Five : Legislation of Relevance to the Compliance Function: Risk Management
- Understanding where disputes are most likely to arise
- Understanding regulatory risk
- The risk management process: What to remember when designing an effective risk management system?
- Opportunities and threats from risk management developments
- Dealing with regulatory issues and enforcement
- Why risk management of legislative breach must be included in compliance framework?
- Key risk areas: financial crime and money laundering, cyber-crime, bribery and corruption, data protection loss
- Best practice risk management techniques
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
In Association With
Frequently Asked Questions
Why PetroKnowledge?
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Who are these training courses designed for?
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
Are the courses delivered online or in person?
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Can I get a customized training course for my team?
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Are there any prerequisites for attending a course?
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
How can I enroll in a course?
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
When should I expect to receive confirmation of registration?
Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.
Will I receive a certificate after completing the course?
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
When and how do I arrange payments?
We offer two convenient payment options:
- Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
- Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.
What is the refund or cancellation policy?
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
Is there a discount for more than one registrant/course?
For corporate fees and group registration, please send your query to [email protected].
