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Introductory course on the source, relevance and application of International Sanctions programs for financial services professionals. Understand how various International Sanctions programs heighten compliance risks for the financial sector and the best practices used to ensure sanctions compliance and adequate risk mitigation in the financial industry.

Course Objectives

  • General understanding of International Sanctions: their purpose, usage, applicability, risks and importance.
  • Understanding of common sanctions compliance requirements and red flags when determining sanctions risks.
  • Ability to work effectively with compliance/ control functions in ensuring sanctions compliance.

Course Outline

Module 1: Purpose of International Sanctions

Module 2: Sanctions Risks Financial Institutions Face

Module 3: Sanctions Compliance in Practice

Assessment – MCQ