Master in Global Corporate Compliance (LL.M./MSL.)

Corporate Risk Assessment

The course will focus on:

• Design a procedure to assess compliance and ethical risks by their impact, their probability and other variables.
• Measure the impact of compliance breaches including the impact on the company reputation and operations.
• Communicate the results of a compliance assessment by heat maps and other risk reports to stakeholders.
• Identify choices resulting from a risk assessment including risk transfer, mitigation and tolerance.
• Advise companies on appropriate methodologies to assess risks and measure risk indicators.

Internal Control Strategic Plan (Policies and Procedures)

Once the Risks Assessment has been conducted, the Company needs to identify the control measures required to prevent, mitigate or eradicate risks. As a starting point, the Corporation needs to design and implement its Code of Conduct/ Code of Business Ethics that will set the values and principles under which the organization will operate and that all employees and third parties need to commit to. Then the organization will deploy specific policies to address identified risk areas or matters in which the organization would like to set standards. Other control measures might be required such as specific contractual clauses o certifications on compliance related matters.

Compliance Forensic Investigations

The main objectives and topics will be:

• Implementing a whistleblowing system across jurisdictions: roadblocks and practical implementation.
• Effective Forensic team structure.
• Forensic investigations: nature, type of allegations - investigation matrix.
• Effective Forensic investigations: procedures.

Compliance Awareness

Companies need strong corporate compliance programs that promote business ethics as a response to a changing world with increasing demands about their compliance performance. Corporate Compliance Programs involve policies, procedures and principles that need to be explained to each member of the company and third parties. It is of utmost importance to train each member of the company and third parties in order to increase their awareness in all the relevant aspects related to the Corporate Compliance Programs.

In this module, students will learn:
• Understand the best practices to ensure full awareness in an effective way.
• How to develop a robust Awareness strategy (Training, communication, knowledge nudges).
• Understand e-learning, gamification, storytelling, compliance comic communication, real life scenario.

Role of Chief Compliance Officer & Top Compliance Software

Students will explore the Compliance function from different angles.

• Reflecting on the role of compliance within organizations.
• Understanding the role of compliance officers from a multidisciplinary perspective.
• Designing and developing an effective compliance program.
• Understanding the differences between a rules-based approach and a principles-based approach. How this may affect the development of the corporate compliance function.
• Understanding the interrelations between compliance, corporate governance and risk management, and why they are so important.

* Only available in full-time format.

Auditing

An effective Compliance Program must be subject to on- going monitoring and periodic auditing to ensure its suitability and operational effectiveness. Students will learn about the importance of the Internal Audit as the third line of defense. We will explore the implementation of a Compliance System in an organization and how to audit projects. Special attention will be given to ensuring the corporation keeps evidence of compliance with the Compliance Program and its established control mechanisms.

Creating a Culture of Compliance

The learning objectives of this course are the following:

• Understand what Compliance Culture means.
• Learn how to develop a robust Compliance Culture strategy (i.e. published values, tone at the top, etc.).
• Understand the evidence of a compliance culture.

* Only available in full-time format.

Corporate Risk Management

The main objectives and topics included on the course are:

• Monitor and effectively control compliance risks and gaps with regulations, standards and other requirements.
• Design a systematic mechanism of monitoring, investigation and remediation of compliance risks.
• Ensure that the adequate management information systems providing top management with timely reports on compliance plans like training, effective complaint system and certifications.
• Design a procedure to test entity-level compliance controls to address key ethical risks.
• Review current controls, practices, policies and procedures to determine if they meet the objectives set by the ethics and compliance program.
• Measure the impact of action plans and remediation efforts.
• Communicate the results of action plans to stakeholders.
• Identify opportunities for improving the compliance monitoring.
• Advise companies on appropriate methodologies to test and monitor compliance risks and controls.

Corruption

The course will focus on:

• Understand and analyze the international legal framework in the Antibribery arena and its extraterritorial outreach.
• Understand how Corporate initiatives in the fight against Bribery can act as a competitive advantage element in the global market place.
• Learn how to design and implement effective Compliance initiatives to fight Bribery in the Corporate environment.
• To be able to identify the consequences of non-compliance for companies and individuals.

Money Laundering

During the course students will:

• Understand and analyze the international legal framework in the AML arena and its extraterritorial outreach.
• Understand how Corporate initiatives in the fight against Money Laundering can act as a competitive advantage element in the global market place.
• Learn how to design and implement effective Compliance initiatives to fight Money Laundering in the Corporate environment.
• Be able to identify the consequences of non-compliance for companies and individuals.

Antitrust and Competition Law

The course will provide students an overall view of the basic rules and institutions of competition policy. It will provide a detailed understanding of the relevant features that underlie free competition, market functioning and consumer welfare.) The course will look at several legal systems as a way of grasping their commonalities and stressing how functional and economic reasons inspire the configuration and functioning of most of them. Students will become familiar with the institutions and rules of competition policy. Students are expected to learn the basic features of legal rules and institutions of competition policy and to be able to argue and discuss cases in this area of law.

Data Privacy & Cybercrime

During the course students will:

• Describe the laws and institutions regarding data protection and privacy at international, European and national levels.
• Gain a solid understanding of the key concepts, terminology and principles in the field of data protection and privacy.
• Define personal information and understand how organisations must control, process and protect the personal data of individuals.
• Be aware of the rights of individuals as well as the obligations of organisations when collecting and processing personal data.
• Learn the role and tasks of a Data Protection Officer (DPO) in an organization.
• Understand the implications and consequences of cybersecurity incidents and personal data breaches in the information and technology age.
• Gain an understanding of cybercrime and its threats, and learn how to tackle them.

Compliance in Financial Institutions

This course will allow students to learn about the role of compliance in financial entities and, furthermore, to deep dive into key topics of financial regulation and the practical view of Compliance connected to such regulations. Students will gain knowledge on the peculiarities of Compliance function in financial institutions, the functioning of financial markets, the key stakeholders of those markets and the regulation of key financial products.

Compliance in Pharmaceutical Industry

Pharmaceutical sector is one of the very few self-regulated industries with a specific set of compliance. Students will understand the dynamics between pharmaceutical industry players and they will identify industry specific risks regarding interactions with healthcare professionals, organizations, general public and patients.

Compliance in Sports

Students will experience, in a practical manner, how to change culture in a sport organization through the implementation of a 360º Compliance Management System (CMS), they will learn about LaLiga´s Compliance Management System entails and how it is organized. Furthermore, students will learn the role of integrity in sports, its principles, challenges/threats and the different sporting procedures to efficiently sanction misconduct and breaches of disciplinary and ethics codes in sports.

Compliance in Tax

Companies face growing challenges from tax authorities worldwide. The tax and legal framework is more and more changing and demanding. In parallel, there are many global initiatives towards greater transparency, exchange of information and documentation and greater scrutiny from the tax authorities. Tax matters are becoming also not only financial issues but also reputational ones for the companies, and need to be present in the governing bodies of the different organizations. In this context, it is important to understand the tax compliance framework that the authorities expect from a company and how to ensure that tax risks within a company are properly managed.

Accounting

This course will emphasize the understanding of how financial statements are created and how accounting decisions affect these statements. The course will teach the theory emphasizing the use of accounting as a tool for decision-making and problem solving through the use of analytical, creative and critical thinking. It will also familiarize students with the accounting processes with the ultimate aim of enabling you to read and understand properly an annual report.

Corporate Strategy

This course will introduce students to the central strategic challenges facing CEOs—particularly those in charge of multibusiness firms—and will equip them with an appropriate toolkit and solutions that can assist in tackling these challenges. It also aims to provide a thorough understanding of the issues underlying value generation and strategy setting in business. Students will familiarize with the main theories, models and tools within the field of strategy with a strong emphasis on their application to ambiguous real settings and to make decisions that increase a firm’s competitive advantage.

Positive Organizational Design & Change

The course seeks to provide understanding of the influence that emotions, behaviors, organizational culture and leadership have on the corporation’s internal structure and functioning. Students will learn and understand the impact of positive psychology and its potential application to human challenges in the workplace.

Corporate Governance

Students are introduced in the concept of Corporate Governance, its key features and goals, and that they become familiar with the Corporate Governance Framework in Europe. The aim of this course is that students will develop the skills required to understand why a good Corporate Governance is necessary to create a proper balance between the interest of the various stakeholders within a company and the interest of society as a whole.

Economics

The course will cover the most important economic theories and concepts that relate to the macroeconomic and microeconomic environment of businesses. At the end of the course students will comprehend these concepts and tools of economic analysis, will have a more formal vision of why and how different economic policies, such as labor, fiscal, monetary or trade policies operate and will assess the implications of different economic contexts and policies on the welfare of individuals, firms and the government.

Entrepreneurial Mindset

This course provides a forum for the in-depth examination of mindsets, methods, and managerial activities that follow the entrepreneurial process, from opportunity recognition to growing the venture. While the most visible outcome of this course is a written opportunity report, we will also examine entrepreneurship from a managerial perspective, covering a wide area of issues that emerge with starting and growing new ventures.

* Only available in full-time format.

Accelerate

A series of sessions imparted by the Careers’ Department that seek to provide basic tools on CV building and interviews’ processes to students, in order to maximize their success when attending job interviews.

* Only available in full-time format.

LAUNCH

The LAUNCH period consists on a number of introductory classes designed to immerse students in the case methodology and to enhance their collaborative and team spirit.

* Only available in full-time format.

“Compliance Live” Seminars

A series of interactive sessions on Compliance hot topics given by the most varied and renowned professionals on the field.

* Only available in full-time format.

Interpersonal skills to succeed in Compliance

The principal learning objectives of the course are:

• Knowing the latest principles and approaches to negotiation, communication and influencing.
• Understanding and exploring your own communication style, including your personal strengths and weaknesses.
• Reading the communication style of the person you are negotiating against and seeing the world through their perspective; understanding when it is or is not in your best interests to adapt to their approach.
• Understanding how to prepare for a negotiation, for instance, calculating your best negotiating position and bottom-line, and at what stage you should walk away. In order to get the best deal, what are your tradeables, what are you willing to negotiate or not.
• Navigating the negotiation process advantageously, from agreeing how and when you are meeting, through to the best venue and environment, plus the format for each discussion.
• Improving communication skills will be the foundation throughout - questioning and listening skills, developing the empathy and trust which allows the best possible outcomes.

“Compliance on Demand” Challenge

Flipping the class to its utmost: Students will have to solve a complex practical case that will test all the tools learnt throughout the program. This project will be made in collaboration with Eversheds Nicea. At the end of the Master, each student will present their solutions to a panel of judges who will select a winner. The winner will be granted an internship to work on the compliance department of Eversheds Nicea Madrid office, subject to the internal selection process, availability and entry requirements of the receiving law firm.

NYU Certificate “US Corporate Law & Governance”

IE Law School, in collaboration with NYU, offers all students of the program a one-week trip to New York City in order to attend lectures imparted by New York University School of Law relating to:

• Introduction to the Corporate Form in the US, the Voting System, and the Power of the Board.
• Securities Regulation Overview and Public Companies and Periodic Disclosures.
• Public Offerings under US Law and Public Offering Civil Liability Provisions.
• Shelf Registration Offerings.
• Exempt Offerings.
• Foreign Corrupt Practices Act.
• Securities Class Actions and Private Enforcement Issues Facing Companies.

Digital DNA: Data Insights & Visualization

Upon the completion of this course, participants should:

• Develop data-driven problem solving skills.
• Learn how to obtain data from structured data sources using basic SQL queries.
• Clean, structure and obtain insights from data using off-shelf analytics tools like Excel or Tableau.
• Develop data visualization and storytelling skills to drive change and persuasion.

* Only available in full-time format.

Digital DNA: Technology for Innovation

Upon the completion of this course, participants should:

• Become aware of a key set of new and emerging technologies and how these can be used for innovation.
• Understand the value that these technologies have for driving innovation.
• Learn how to design innovative products and services in your chosen profession using these technologies.
• Facilitate communication of these innovations through a common innovation language.

* Only available in full-time format.