In a world of ever-changing legislation and heightened scrutiny, regulatory compliance is no longer just a legal obligation—it's a core component of a resilient business strategy. This training course is specifically designed to equip real estate professionals with the tools to proactively identify, assess, and manage regulatory risks across their portfolios. By developing a deep understanding of the legal landscape, from financial regulations and fair housing laws to data privacy and environmental standards, you can protect your firm from costly penalties and reputational damage. This program provides the essential strategic framework for building a culture of compliance that ensures long-term stability and sustained growth.

This comprehensive curriculum offers a practical deep dive into the operational aspects of regulatory risk management, guiding you through the creation of robust internal controls and monitoring systems. You will learn how to conduct internal audits, implement effective training programs, and leverage technology to streamline compliance efforts. The course focuses on real-world applications, helping you to translate complex regulations into actionable business policies. By the end of this program, you will not only be proficient in managing a wide range of regulatory risks but also be prepared to position your firm as a leader in ethical and responsible real estate practices, gaining a significant competitive advantage in the market.

Duration

5 days

Target Audience

• Real estate firm owners and executives
• Property managers and landlords
• Compliance and legal officers
• Real estate investors and developers
• Risk management professionals
• Financial and accounting staff

Objectives

• Understand the diverse regulatory landscape impacting real estate.
• Develop a comprehensive risk assessment framework for regulatory compliance.
• Master internal controls and policies to ensure legal adherence.
• Implement a robust data privacy and cybersecurity compliance program.
• Navigate financial regulations, including anti-money laundering (AML) protocols.
• Stay updated on evolving fair housing and labor laws.
• Manage environmental regulations and their impact on properties.
• Create and execute a regulatory risk management strategy.
• Conduct internal audits to monitor and report on compliance.

Course Modules

Module 1: Foundations of Regulatory Risk

• The definition and types of regulatory risk in real estate.
• The legal and financial consequences of non-compliance.
• An overview of the key regulatory bodies and their roles.
• Developing a risk-based approach to compliance.
• Case studies on major regulatory failures in the industry.

Module 2: Compliance Framework and Governance

• The components of an effective compliance program.
• Establishing clear roles, responsibilities, and accountability.
• Creating and implementing internal policies and procedures.
• The role of ethics and a culture of compliance.
• Integrating compliance into daily business operations.

Module 3: Financial Regulations and AML

• An overview of anti-money laundering (AML) and counter-terrorist financing (CTF) laws.
• Identifying and reporting suspicious transactions.
• The importance of due diligence on clients and partners.
• Best practices for managing financial records and audits.
• Compliance with tax laws and financial reporting standards.

Module 4: Fair Housing and Labor Law Compliance

• A deep dive into fair housing laws and anti-discrimination regulations.
• Legal requirements for tenant screening and marketing.
• Best practices for managing employee and independent contractor relations.
• Understanding wage and hour laws and workplace safety.
• The legal risks of discrimination and harassment claims.

Module 5: Data Privacy and Cybersecurity

• Key data privacy regulations: GDPR, CCPA, and others.
• Legal requirements for collecting, storing, and processing personal data.
• Developing a data privacy policy and incident response plan.
• Implementing cybersecurity best practices for proptech systems.
• Training staff on data protection and phishing prevention.

Module 6: Property-Specific Compliance

• Ensuring compliance with building codes and zoning laws.
• Navigating health, safety, and habitability regulations.
• Understanding environmental regulations for commercial and residential properties.
• The legal requirements for inspections and maintenance.
• Best practices for managing permits and licensing.

Module 7: Risk Assessment and Monitoring

• A step-by-step guide to conducting a regulatory risk assessment.
• Identifying and prioritizing the most significant risks.
• Implementing controls to mitigate identified risks.
• The importance of continuous monitoring and reporting.
• Creating a feedback loop for policy improvement.

Module 8: Compliance Audits and Reporting

• The purpose and process of internal and external compliance audits.
• Preparing for a regulatory inspection or investigation.
• Best practices for maintaining accurate and complete records.
• Generating compliance reports for management and stakeholders.
• The role of technology in automating audit processes.

Module 9: Future Trends in Regulatory Risk

• The impact of emerging technologies like blockchain on compliance.
• The rise of new regulations for smart buildings and IoT devices.
• Understanding the future of environmental, social, and governance (ESG) reporting.
• The importance of continuous legal education and professional development.
• Developing a long-term strategy to stay ahead of regulatory change.

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 7 working days before commencement of the training.