Although Risk and Audit teams do not typically conduct investigations, their activities, - such as data verification, fraud signal analysis, or integrity checks - can unintentionally cross into investigative territory. This training will clarify what risk and audit teams can and cannot do under the PIA and how to identify potential exposure and design governance and escalation procedures that ensure compliance.

The objectives of this training are to:

• interpret key provisions of the Private Investigation Act relevant to internal control and assurance work;
• recognize when Risk or Audit activities may unintentionally cross into investigative work;
• evaluate the PIA’s implications for audit scoping, fraud-related controls, and incident response;
• design compliant workflows with clear escalation points to Compliance or Legal;
• document procedures and testing activities in a manner that remains fully defensible under the WPO;
• integrate PIA awareness into audit methodology, risk frameworks, and control documentation.

CONTENT

• Key provisions of the Private Investigation Act (WPO) relevant to internal control and assurance work
• Detect risk boundaries: when Risk or Audit activities may unintentionally cross into investigative work
• Evaluate implications for audit scoping and fraud-related controls, including incident response under PIA constraints
• Design compliant workflows with clear escalation points to Compliance or Legal
• Document procedures and testing activities in a manner that remains fully defensible under WPO
• Integrate PIA awareness into audit methodology, risk frameworks, and control documentation

PRACTICAL INFORMATION

• Duration: 1 day of training (6 class hours)
• Hours: 09:00 to 17:00
• Location: Febelfin Academy: Phoenix building, Koning Albert II-laan/Boulevard du Roi Albert II 19, 1210 Brussels
• Language: This training will be given in English

You follow a ‘Classroom training’ in a group. You, the other participants and the teacher are all present in the same classroom at an agreed time. There is an opportunity for interaction and feedback, both from the participants to the teacher and vice versa. The teaching material consists as a basis of a presentation via the MyFA learning platform, supplemented with various other items (such as digital syllabus, presentation, audiovisual fragments, etc.).

• For those who wish to go beyond the basics
• Learn in a group, in a motivating and targeted way
• Deepen your knowledge and obtain recognized continuing professional development hours

• Be on time for the training. It’s best to arrive 10 minutes before it starts.
• Unexpected delay? Inform your on-location contact.
• Febelfin Academy’s reception desk can be reached at +32 (0)2 507 69 61.

• To receive your (CPD) participation certificate for a classroom training, your presence and active participation are required throughout the entire session. Interaction is key to our trainings.
• Your (CPD) participation certificate will be published on your MyFA account the day following the course.
• Febelfin Academy wishes you a great learning experience.

The training course can be followed by various target groups:

• Audit professionals;
• Compliance officers;
• Risk managers;
• …