Training Objectives

By the end of the programme, participants will be able to: 

• Identify the various types of sanctions and their effects 
• Recognise when sanctions are considered to be successful 
• Comprehend the framework within which sanctions are decided 
• Understand how sanctions can be better managed at the company level 

Training Outline

• Definition of Sanctions 

• • Objectives of Sanctions 
  • Types of Sanctions 
  • Who decides on Sanctions? 
  • When are Sanctions Successful? 

• Sanctions Against Russia 

• • Review of latest developments 
  • Impact on the financial services 

• Impact at the firm level 

• • Sanctions management 
  • Sanctions compliance policy 

Who should attend

The programme is ideal for financial industry professionals that seek to expand their knowledge on a critical topic. More specifically it concerns: 

• Compliance professionals 
• Designated sanctions officers 
• Business strategists 
• Senior level management 
• Directors  
• Financial Consultants 

Industry Expert | Adonis Pegasiou 

Adonis Pegasiou is the Academic Director of EIMF since May 2019. He holds a PhD in Politics (University of Manchester), an MSc in European Policy Studies (University of Bristol) and a BSc in Economics (London School of Economics (LSE)). Furthermore, he holds the ‘Certified Global Sanctions Specialist’ (CGSS) Certification offered by the Association of Anti-Money Laundering Specialists (ACAMS) and a Diploma in ‘Governance, Risk and Compliance’ (Merit) offered by the International Compliance Association (ICA). Following his doctoral studies, he held positions in the public and private sectors including Cyprus Airways (Head of Chairman’s Office and Non-Executive Board Member), the Secretariat of Cyprus Presidency of the Council of EU, the Embassy of Kuwait in Cyprus (Consultant to the Ambassador) and the Cyprus Cooperative Bank (Non-Executive Board Member – appointed by the Government approved by the Parliament and European Central Bank). In between his professional appointments, Adonis Pegasiou was awarded post-doctoral research funding by the Research Promotion Foundation of the Republic of Cyprus to examine the ‘Europeanisation of Cyprus’s economy’. For the duration of the post-doctoral project, he was based at the EUC Research Centre (Cyprus) and was also a Visiting Fellow at the Hellenic Observatory of the LSE. In addition, he has been involved in numerous research projects, published his work in various peer-reviewed journals and participated in numerous international conferences. Moreover, he has taught at the European University Cyprus (EUC) (2014-2016) and has been an Adjunct Lecturer at the Department of Social and Political Sciences of the University of Cyprus since 2015.

Industry Expert | Martin Schofield

Martin has undertaken financial crime prevention roles for the last 20 years, and is a well-known and established figure in the financial crime prevention sector. Martin is regarded as a highly competent consultant/adviser as well as an outstanding trainer, and a true expert in the field of financial crime prevention. Over the last 20 years Martin has been engaged on numerous projects, both global and domestic for major financial services firms, involving the delivery of staff training in all aspects of financial crime prevention, including (but not limited to) fraud and money laundering prevention, as well as policy authoring, reviews, audits and pre and post regulatory visit reviews and monitoring. Martin has held the title of MLRO for large multinational companies and also acted as lead investigator in countless internal and external investigations, involving mortgage fraud, application fraud, identity fraud and money laundering. Other areas of speciality include data protection, anti-bribery and corruption, market abuse, senior management responsibility, conduct risk and vulnerable customer management.

Training Style 

This is a short course targeted to address current concerns faced by financial professionals in relation to sanctions. The seminar will be delivered by two topic experts in an interactive manner covering the issue of sanctions in a holistic manner, while time will be allowed for the participants to raise questions and share their own experiences. 

CPD Recognition

This programme may be approved for up to 3 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.