Welcome to the “Certificate in Sanctions Risk and Compliance Foundations” program. This comprehensive course is designed to equip participants with foundational knowledge about international sanctions and their significant implications on global businesses and organizations. Delve deep into the world of sanctions, exploring their structures, mechanisms, and their vast range of types. By the end of the program, you will be well-equipped to navigate the intricacies of sanctions and ensure compliance within your organization.
In Module 1: Introduction to Sanctions, participants will embark on an enlightening journey to understand the very essence of sanctions. This module covers key topics like the definition, workings, and various forms of sanctions, as well as their scopes. A multiple-choice quiz at the end ensures a thorough revision and assessment of the material covered.
Module 2: Introduction to Sanctions Compliance shifts the focus from understanding sanctions to the practical implications and considerations for businesses and institutions. You will gain insights into the extraterritorial nature of sanctions, blocking statutes, and the overarching significance of sanctions for organizations. Through a compelling case study, learn about the real-world consequences faced by banks due to sanctions breaches and non-compliance. Recommendations for further readings will deepen your understanding.
Finally, in Module 3: Overview of International Sanctions Legislation, participants will take a global tour of sanctions, understanding their imposition and enforcement across key international territories like the United Nations, United States, European Union, United Kingdom, China, and through the lens of the Financial Action Task Force (FATF). Every section concludes with a summary and multiple-choice quiz, and the program culminates in a final assessment, ensuring participants have a robust understanding of sanctions and their implications. On completing the program, participants will earn a certificate showcasing their proficiency in the foundational aspects of sanctions risk and compliance.
