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Effective Compliance Audit Process for Insurers

Public Short Course

HRD Training Prog No 10001364651
Date & Time 13 – 14 May 2026, 9.00 a.m. – 5.00 p.m.
Registration Deadline 4 May 2026 
Learning Format Virtual

Overview

The “Effective Compliance Audit Process for Insurers” is a two-day intensive programme aimed at equipping insurance professionals with the skills to conduct comprehensive compliance audits.

Participants will gain insights into compliance philosophy, audit methodologies, and best practices for identifying and addressing compliance issues. Through a mix of theoretical principles and practical applications, this course ensures that attendees are prepared to manage and mitigate compliance risks effectively.

Recommended For

Compliance Officers, Internal Auditors, Risk Managers, and other professionals involved in governance and regulatory compliance within the insurance industry & for individuals responsible for ensuring adherence to regulatory standards and improving internal audit processes.

Learning Outcome

A. Describe the underlying philosophy and rationale behind compliance function.

B. Implement compliance audit methodology to access financial and operational compliance.

C. Assess potential compliance issues and their consequences.

D. Recommend remedial actions.

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Effective Compliance Audit Process for Insurers

For Inquiries

Sales

+603 2712 8882

Programme Structure

No. Content
1
  • Understanding compliance through the IAIS
  • Insurance Core Principles and BNM Policy Document
  • Insurance failures cases due to Non – Compliance
  • Compliance Audit Fundamentals
  • Operational Compliance Audit
2
  • Financial Compliance Audit
  • Market Conduct Compliance Audit
  • Forensic Audit on Compliance
  • Fraud Detection through Compliance Audit

Dates

13/05/2026

2 Days (Virtual)

Fees

Normal Fee: Individual

Aii Member: 
RM 1,500/USD 345

Non-Member:
RM 1,700/USD 390

Normal Fee: Group of 3 pax

Aii Member: 
RM 1,400/USD 320

Non-Member:
RM 1,600/USD 365

Meet The Expert

Azman Ismail

AAii

Azman Ismail graduated from the University of London in the field of Mathematics with Operational Research and has been in the financial services industry since 1985. He has provided consultancy and shariah advisory services in Malaysia, Singapore, Indonesia, Saudi Arabia, Qatar, Brunei, Iran and the Philippines and presented papers in Kuala Lumpur, Manama, New York, Tokyo, Brunei, Singapore, Cairo, London, Milan, Taipei, Taroudant and Abu Dhabi.

 

He was an external lecturer for the Master in Islamic Banking and Finance (MIBF) programme at the Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia (IIUM).

 

He was also a Course Consultant and Member, Board of Studies at the Institute. He has also written, translated, edited and reviewed 13 books (15 volumes), all relating to shariah applications in contemporary finance. He is a shariah advisor to several institutions in Malaysia and Singapore.