We help financial institutions, DNFBPs and other stakeholders understand and manage heightened and evolving risks of economic sanctions and related regulatory regimes. Our training promotes an enterprise-wide culture of compliance and develops an elite community of financial crimes compliance risk management officers with the technical expertise, skills, judgment, and contextual understanding required to address changing sanctions risks across the US, US, UN and EU sanctions regimes.

Suitable For:

• All client facing staff

• Heads of sanctions departments, sanctions managers and sanctions team leaders

• MLROs, compliance managers, financial crime managers and risk managers

• Accountants, lawyers and consultants

Learning Objectives:
We tailor the programme to meet the needs of risk and compliance managers, and those involved in the sanctions screening process. It is suitable for those working in any industry sector, including international trade, transport, pharmaceuticals, oil and gas, and financial services. This course will address:

1. Governance and Enforcement of Sanctions

2. Types of sanctions

3. Sanctions Regimes (OFAC, UK, EU, UN)

4. Sanctioned countries and activities

5. Sanctions Evasion

6. Sanctions due diligence (understanding the ownership and control structure of customers, customers’ supply chain etc.)

7. Sanctions investigations

8. Asset freezing

9. Licensing and permissible payments

10. Managing your firm’s exposures to sanctions

11. Developing an OFAC-compliant sanctions compliance programme

12. Sanctions Screening

13. Incident management, regulatory reporting and holding of sanctioned assets