IBSL Diploma in Compliance Exam case studies
IBSL Diploma in Compliance Exam · Put your knowledge to work in context.
The Diploma in Compliance is one of the diploma-level programmes listed by the Institute of Bankers of Sri Lanka (IBSL) on its official website, appearing alongside other diplomas such as Treasury & Risk Management, Credit Management, Corporate Banking, International Trade and Internal Auditing for Banking & Finance. IBSL describes itself as the premier institution for academic and professional qualifications with advanced knowledge and skills in banking and finance, and states that it was first established in 1964 as the Bankers' Training Institute (Ceylon) by the Central Bank of Sri Lanka and re-incorporated in 1979 by the Institute of Bankers of Sri Lanka (Incorporation) Act No. The IBSL Diploma in Compliance Exam case studies are 5 cases and about 3,004 words.
1The SME That Never Quite Crosses the Threshold
Meridian Commercial Bank's Colombo south branch serves Vinco Packaging (Pvt) Ltd, a corrugated-box manufacturer with a stated monthly turnover of LKR 8–10 million. Over seven weeks the branch accepts 11 cash deposits totalling LKR 9.4 million, each between LKR 780,000 and LKR 950,000.
636 words, about 3 min2The 92% Match at 15:40 on a Friday
At 15:40 on a Friday, Atlas Bank's payments team receives a USD 2.1 million wire instruction from Northstar Machinery Ltd, a corporate customer of 12 years, to a beneficiary in Dubai. The beneficiary, Golden Crescent Trading FZE, returns a 92% name match to an entity on the bank's sanctions screening list.
668 words, about 3 min3The Minister, the Trust and the Tea Estate
Halcyon Private Bank is onboarding Ms. R, a serving regional minister in a neighbouring country, as a private banking client.
586 words, about 3 min4The Overpriced Dyeing Machines
Harbour Bank's trade finance desk receives a documentary credit application from Lankara Garments Ltd for USD 1.8 million to import 'industrial dyeing machines' from a supplier in a free-trade zone. The supplier and Lankara share a director, and the invoice price is about 40% above the bank's reference price for comparable equipment.
553 words, about 3 min5The Cloud Migration That Compliance Has Not Seen
A licensed commercial bank, Senaya Bank, plans to move its KYC document archive and transaction-monitoring platform to a cloud vendor. The vendor will store data in two data centres, one in the bank's home country and one overseas.
561 words, about 3 min