Managing Sanctions Risk Course

Introduction to Sanctions:Explore the historical context of sanctions and their evolution in international relations.Understand the objectives behind imposing sanctions and their impact on global trade and finance.Analyze case studies to illustrate real-world consequences of non-compliance with sanctions.

Types of Sanctions:Examine the various types of sanctions, including economic, trade, and financial sanctions.Differentiate between country-specific and targeted sanctions.Evaluate the implications of sectoral and comprehensive sanctions on specific industries.

Sanctions Regulations and Compliance:Navigate through key international regulatory frameworks governing sanctions, such as those imposed by the United Nations, the United States, the European Union, and other relevant bodies.Understand the legal obligations and responsibilities of organizations in complying with sanctions.Discuss the consequences of non-compliance and the enforcement mechanisms employed by regulatory authorities.

Sanctions Screening and Due Diligence:Learn effective sanctions screening techniques to identify and manage potential risks.Understand the importance of due diligence in customer and transaction screening.Explore technological solutions and tools for efficient and accurate sanctions screening.

Risk Mitigation Strategies and Sanctions Compliance Programs:Develop risk mitigation strategies to proactively manage and reduce sanctions-related risks.Explore the components of an effective sanctions compliance program.Case studies and best practices for implementing and maintaining a robust compliance program.Understand the role of senior management in fostering a culture of compliance within the organization.