Description
Description
In recent years, non-profit organisations, foundations, and other entities within the non-profit sector have increasingly come under scrutiny as the complexity of their operations and the associated risks have grown. Although these organisations are established with the goal of providing public benefit, they are not immune to issues such as financial mismanagement, fraud, and corruption. In light of such challenges, it has become imperative for non-profit organisations to adopt sound governance practices and ensure compliance with regulatory frameworks.
Objectives
This training programme is designed to provide a comprehensive understanding of the governance, legal obligations, and financial risks facing non-profit organisations. It will equip participants with the knowledge and tools necessary to strengthen their internal controls, manage risks, and develop a culture of transparency and accountability within their organisations.
By the end of this training, participants will:
Understand the structure and functioning of the non-profit sector
Become familiar with the regulatory and legal framework
Enhance governance and management practices
Address the risks of financial crime
Understand the importance of whistleblowing
Programme
Introduction
Non-profit sector
Overview
Entities
Role, functioning and specificities
Non-for-profit distinction
Regulatory and Legal framework
Inter-nation framework
EU legislation
Luxembourg legislation
Others
Governance and sound and prudent management
Organisation and structure
Management of conflicts of interests
Internal controls and risk management
Data protection
Financial crime
Money laundering/Terrorism Financing
Corruption
Fraud
Whistleblowing
Conclusion
Recap & Q&A
Target audience
Senior Management
Compliance Officers and Legal Advisors
Nonprofit Consultants and Advisors
Foundation and Donor Representatives
This course can be adapted to bankers (ie. Relationship Managers) on demand only ! (please contact us for more details)
Conditions
Course Material
The training material will be handed out at the beginning of the course.
Location
L-1615 Luxembourg
Luxembourg