Course features

Risk-Based vs. Rules-Based

Welcome to this microlearning designed for all financial professionals seeking clarity on these two core compliance concepts. You will immediately learn the core difference, understand the key benefit of flexibility, and know why this distinction is vital for effective compliance and resource allocation.
Format

Microlearning

Estimated Duration

5 minutes

Continuing Professional Development

No

Simon Credits

4

Certificate

Yes

Price

FREE

Define. Distinguish. Implement.

This microlearning addresses the foundational difference that drives modern compliance. It is essential for new compliance hires needing clarity and experienced professionals needing a rapid, authoritative refresh.

Our objective is to provide a clear and practical understanding of how the Risk-Based Approach (RBA) and the Rules-Based Approach function, explaining why the RBA is encouraged by global standard-setters like the FATF for managing complex financial crime threats.

Value-Add: Earn 4 Simon Credits upon completion of the video, document download, and quiz. Use Simon Credits for discounts on accredited Simon Academy courses!

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Course contents

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