Training Objectives

By attending this programme participants will:

• Refresh their knowledge on sanctions
• Discover and understand sanctions evasion techniques
• Understand how to perform sanctions due diligence
• Know what to focus on in name screening
• Understand how to investigate sanctions and their evasion

Training Outline

Legal & regulatory framework – Sanctions Refresher

• What the sanctions are about
• Quick overview of different regimes and their impact

Evasion methods – common techniques and role of third countries

• Corporate structures
• Beneficial ownership
• Special schemes

Sanctions due diligence

• Key attention points – documentation, discrepancies in information, red flags

Sanctions screening

• Transaction Monitoring
• Name Screening
• Restricted Securities

Investigations

• Methodology to conduct sanctions investigations
• Asset freezing and asset recovery

Case study

Who Should Attend

The programme is ideal for:

• CCOs
• AMLCOs / MLROs
• Head / Deputy Heads of FCC
• Directors
• Senior Managers
• Regulatory compliance officers
• AML / KYC / Sanctions Officers
• Chief legal officers
• Legal advisors
• Internal auditors

Training Style

The training style is both training-focused, involving a combination of lectures, presentations and real-live practical examples, but also learner-focused, where participants are encouraged to raise questions, seek clarifications and share their opinions from their different perspectives and engage in an exchange of views and personal professional experiences.

CPD Recognition

This programme may be approved for up to 6 CPD units in Financial Regulation and AML. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

This training course may be approved as an external activity under the new ACAMS recertification category ”non-ACAMS credits” for up to 6 CPD units. Eligibility criteria and CPD Units are verified directly by the Association of Anti-Money Laundering Specialists (ACAMS). To read more about the non-ACAMS credits policies and eligibility criteria please click here.

In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.