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Training spots:

20 Spots left

Training date:

26/05/2027

Training time:

09:00 -13:00

Training price:

€495,- (Free of VAT) - All in price

Masterclass SIRA

An effective Systematic Integrity Risk Analysis (SIRA) is more than a regulatory requirement. It forms the foundation of sound integrity risk management, effective governance and responsible decision-making within trust organisations.

With the publication of the updated DNB Good Practices SIRA in 2025, the importance of a well-substantiated, risk-based and demonstrably effective SIRA has become even more evident.

But how do you translate regulatory expectations into a practical risk assessment? How do you distinguish between inherent and residual risks? And how do you ensure that your organisation’s SIRA is consistently reflected in individual client risk assessments?

A SIRA should not simply exist on paper. It should actively guide the way your organisation identifies, assesses and manages integrity risks.

This practical Masterclass provides trust professionals, compliance specialists and decision-makers with the knowledge and tools needed to understand, assess and effectively apply SIRA and its relationship with the Integrity Risk Analysis (IRA).

Trust organisations operate in an increasingly complex regulatory environment, facing evolving integrity risks related to money laundering, sanctions, international structures, high-risk jurisdictions and client activities.

Under the Dutch Trust Offices Supervision Act 2018 (Wtt 2018), trust offices are required to systematically identify, analyse and manage the integrity risks associated with their business activities.

The SIRA provides the organisation-wide framework for this process. It identifies inherent risks, evaluates the effectiveness of control measures and determines the residual risks that must be managed. However, an effective SIRA cannot operate in isolation. The outcomes of the SIRA must be translated into individual client and target entity risk assessments through the Integrity Risk Analysis (IRA), influencing client acceptance, risk classification, ongoing monitoring and management decisions.

The challenge is not simply identifying integrity risks. It is demonstrating that these risks are understood, adequately controlled and consistently reflected in daily operations. This Masterclass bridges the gap between regulatory requirements and practical implementation. Participants will explore how to develop a risk-based approach, recognise weaknesses in existing assessments and ensure that risk management decisions are logical, consistent and demonstrable to De Nederlandsche Bank (DNB).
The following topics will be covered:

📌 SIRA Explained: The purpose, structure and regulatory requirements of an effective SIRA under the Wtt 2018 and the updated DNB Good Practices 2025.
📌 SIRA & IRA – Connecting the Dots: Understanding the relationship between organisation-wide integrity risks and individual client and target entity risk assessments.
📌 Identifying Integrity Risks: Recognising relevant risks associated with client structures, jurisdictions, services, transactions and emerging financial crime typologies.
📌 Inherent Risks, Controls & Residual Risks: Distinguishing between risk exposure, mitigating measures and remaining risks, including evaluating the effectiveness of existing controls.
📌 From SIRA to Client Acceptance & Monitoring: Translating SIRA outcomes into client risk classifications, acceptance decisions, ongoing monitoring and appropriate control measures.
📌 Documentation & Regulatory Accountability: Building clear, consistent and auditable risk assessments that support sound decision-making and demonstrate compliance with DNB expectations.
This Masterclass is specifically designed for professionals involved in integrity risk management, client acceptance, compliance and governance within the trust sector.

It is particularly relevant for:
• Managing Directors and Senior Management
• Trust Officers and Legal Account Managers
• Compliance Officers and Compliance Managers
• Risk Managers and Risk Officers
• Client Acceptance and Onboarding Professionals
• Internal Auditors and Governance Professionals

A basic understanding of trust services, compliance or client due diligence is recommended. The Masterclass focuses on the practical application of SIRA and IRA, rather than solely on regulatory theory.
After completing this Masterclass, you will be able to:

✅ Understand the purpose, structure and regulatory expectations of SIRA within the Wtt 2018 framework.
✅ Connect organisation-wide SIRA outcomes to individual client and target entity risk assessments through IRA.
✅ Identify relevant integrity risks and systematically analyse their likelihood, impact and underlying risk factors.
✅ Distinguish between inherent risks, mitigating controls and residual risks to support a risk-based approach.
✅ Apply SIRA outcomes to client acceptance, risk classification, ongoing monitoring and control measures.
✅ Evaluate whether existing risk assessments and controls adequately reflect the organisation’s actual risk exposure.
✅ Document risk assessments and management decisions in a clear, consistent and auditable manner that can withstand regulatory scrutiny.
✅ From risk identification to demonstrable risk control.

This is not simply a regulatory update or a theoretical introduction to SIRA. It is a focused, practical and forward-looking Masterclass designed to help professionals translate integrity risk analysis into meaningful decisions, effective controls and stronger regulatory compliance.

Because a strong SIRA is not defined by the risks you document, but by how effectively you manage them.
Wednesday 26 May 2027

09:00 -13:00
Ticketopties
SIRA
Masterclass SIRA
20Tickets over
€495,00
Totale prijs: Free
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You’ll receive your results via email within 3 work days.

Our prices are all exempt from VAT.

You are required to attend during the indicated class times. No recording will be made and you cannot take the training in your own time. If customization is required, please let us know, and together we’ll investigate the possibilities.

In that case the training will be rescheduled or canceled. An invoice will not be sent unless the training has enough participants. You will receive the invoice approximately 2 weeks prior to the training. Have you paid via iDEAL? Then the fee will be refunded.

Training prijs: €495,- (Free of VAT) - All in price

Training spots: 20 Spots left

Training date: 26/05/2027

Training time: 09:00 -13:00

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