About this course
FEMA framework and transaction classification: Judgment and oversight. For Partners; finance directors; independent directors; audit committee members. Seven topic lessons and narrated animated explainers, seven knowledge checks, five applied activities and a sampled final assessment. Complete the guided Group FEMA risk and remediation memo. Prerequisite: FXR-01-I01. Original fictional cases explain FEMA transaction classification, treasury controls and RBI reporting. Confirm current rules, exemptions and live filing requirements for the actual entity. The study estimate measures all required learning; the workbook's 55-minute value was a planning target.
Who this is for
Learners interested in this course
What you will learn
Course outline
1. Challenge substance when contracts split an economic transaction
- Challenge substance when contracts split an economic transaction
- Challenge substance when contracts split an economic transaction — video
- Topic 1 knowledge check
- Decision Mission: Challenge substance when contracts split an economic transaction
2. Assess indirect funding, circular flows and jurisdictional risk
- Assess indirect funding, circular flows and jurisdictional risk
- Assess indirect funding, circular flows and jurisdictional risk — video
- Topic 2 knowledge check
- Case Quest: Assess indirect funding, circular flows and jurisdictional risk
3. Design a group-wide transaction approval control
- Design a group-wide transaction approval control
- Design a group-wide transaction approval control — video
- Topic 3 knowledge check
- Impact Simulator: Transaction classification evidence gap
4. Investigate missing approvals, filings and supporting records
- Investigate missing approvals, filings and supporting records
- Investigate missing approvals, filings and supporting records — video
- Topic 4 knowledge check
- Practice Lab: Investigate missing approvals, filings and supporting records
5. Assess the 2024 compounding framework and remediation options
- Assess the 2024 compounding framework and remediation options
- Assess the 2024 compounding framework and remediation options — video
- Topic 5 knowledge check
- Roleplay Studio: brief the decision-maker
6. Report material FEMA exposures and decisions to the board
- Report material FEMA exposures and decisions to the board
- Report material FEMA exposures and decisions to the board — video
- Topic 6 knowledge check
7. Case: Respond to an audit committee query on an unapproved group transaction
- Case: Respond to an audit committee query on an unapproved group transaction
- Case: Respond to an audit committee query on an unapproved group transaction — video
- Topic 7 knowledge check
Final assessment
- Final assessment