By the end of this training course, trainees will able to:
- Identify what Sanction and Embargoes means.
- Specify the purposes behind them and how to comply .
- Name who impose them.
- Sanction compliance officer.
- Internal auditors.
- Trade finance staff.
- Sanctions regime types, goals, prohibitions and effects:
- Sanctions: definitions and objectives .
- Purpose of sanctions.
- Common types of sanctions .
- Sanctions imposers and targets:
- Introduction .
- United nations .
- European union .
- United kingdom .
- United states .
- Others.
- Sanctions evasion: typologies and schemes:
- Sanctions evasion in the financial sector .
- Sanction evasion in the trade sector.
- Sanctions compliance programs:
- The essential components of a sanctions compliance system .
- Sanctions risk assessment .
- Customer due diligence .
- Role of technology and list screening:
- The screening process .
- New technologies.
- Cases study.