ICA Specialist Certificate in Managing Sanctions Risk
International Compliance Association
Summary
Students from certain low GDP countries receive a 15% discount on this fee
Overview
Sanctions can be a complex topic and dealing with sanctioned parties can be a risky business. National or international sanctions may be issued against individuals, entities, groups or nations; or even trading activities/particular sectors. Those bodies charged with enforcing sanctions compliance are particularly active at the moment, with multiple fines for firms in recent years stretching into billions of dollars.
The ICA Specialist Certificate in Managing Sanctions Risk provides you with an opportunity to explore the frameworks and drivers of sanctions, the risks that sanctions present to firms and the controls implemented to address those risks. The course will also investigate key areas of focus such as sanctions screening and managing alerts, sanctions evasion typologies and various ‘real life’ case studies that demonstrate the consequences of failing to robustly manage sanctions risk.
Description
What will you learn?
- Understanding sanctions
- The international contex
- Defining a sanctions governance framework
- Sanctions lists and screening
- Managing alert investigations
- The cost of getting it wrong
- The challenges of change
How and where can you study?
The course is fully online so can be studied at any time, wherever you are in the world. You will have 3 months to complete the course.
How will you be assessed?
At the end of the online course you will take a one hour multiple choice exam of 15 questions.
Does this count towards ICA CPD?
Specialist Certificate courses count as 15 hours of ICA CPD credit.
Can this course be taught in-house?
An in-house option is available for organisations enrolling a minimum of 15 people onto the course. Benefits include a face to face delivery option and the potential to include bespoke material.
Who is this course for?
- Senior financial crime/regulatory compliance practitioners who are keen to enhance their existing expertise by learning about another distinct sphere
- Senior managers within the Sanctions environment who wish to certify their knowledge
- Operational staff, who need to understand the inherent Sanctions risks they face when dealing with customers and/or transactions
- Regulators or Consultants
- MLROs, Compliance Managers and Risk Managers
- Anyone with an interest in better understanding how Sanctions work and the risks they can present if not correctly addressed
Requirements
The qualification is specifically designed to be detailed yet accessible. Prior subject matter knowledge will be useful, but is not essential.
To get the most from the course, a good standard of English is required.
Questions and answers
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Legal information
This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.
