Certificate in Sanctions Compliance
Level 3 | Awarded by AGRC & Accredited by LIBF
Summary
- Exam(s) / assessment(s) is included in price
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Overview
In this day and age, it’s crucial to know everything there is to know about international economic sanctions.
With AGRC’s Certificate in Sanctions Compliance, you will acquire the theoretical and practical knowledge and skills to comply with any sanction imposed and protect your business from penalties and reputational damage.
Over the past several decades, international economic sanctions have become a central instrument in global governance, being employed by both sovereign states and international organisations.
More recently, there has been a shift towards ‘smart’ or targeted sanctions that aim at the political and economic elites of targeted countries (e.g., through asset freezes and travel bans) rather than a more comprehensive sanctions approach (e.g., large-scale trade or oil embargoes) that has a detrimental effect on civilian populations.
In the era of financial globalisation, such ‘smart’ sanctions entail increased compliance obligations for state institutions and private organisations which, if not met, carry significant fines, penalties, and other adverse consequences.
Certification
Certificate in Compliance
CPD
Course media
Description
This certificate provides a thorough understanding of sanctions and an opportunity to explore the recent global trends in economic sanctioning, while tracing the roles of the relevant actors within this complex framework.
You will examine the motives and rationale behind such decisions, the effects and consequences experienced not only by the targeted parties but also those doing business with them, either directly or indirectly.
The certificate is structured to offer the relevant knowledge with reference to practical examples that will enable for a sanctions compliance strategy to be conducted in an effective manner, essential to mitigating the sanctions risk.
Topics Covered
• Definition of sanctions
• Framework and legal basis
• The international framework
• Multilateral sanctions
• Unilateral sanctions and key sovereign states
• The legal and institutional framework
• Categories of restrictive measures
• Administration of sanctions
• Managing and mitigating sanctions risk
• Sanctions compliance programmes
• Processes and systems
• Sanctions screening and evasion
Expected Learning Outcomes
Upon completing this certification, you will be able to:
• Understand sanctions and the importance of compliance
• Understand why it’s important to comply
• Review and understand the global sanctions framework
• Define a sanctions compliance programme and governance framework
• Define sanctions lists and screening
• Manage alert investigations
• Understand sanctions risk
• Determine how much your institution is vulnerable to sanctions risks
• Apply modern methodologies that will increase the efficiency and effectiveness of your programme
• Protect your institution from dealing with embargoed individuals or entities
• Understand the best practices for sanctions compliance controls
Who is this course for?
- Financial crime and regulatory compliance professionals
- Professionals working within the sanctions environment who wish to certify their knowledge
- Operational staff who need to understand the importance of sanctions compliance
- Regulators
- Consultants
- AML, compliance, and risk professionals
- Anyone working in financial services interested in attaining a better understanding of how sanctions work
Requirements
No previous knowledge or experience is required, although it is assumed that participants have good knowledge of English and sound educational background.
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Provider
LGCA is a multi-accredited UK learning provider specialising in, but not limited to, the areas of governance, risk, compliance, financial services and cybersecurity.
LGCA is an accredited training partner (ATP) of the Chartered Institute for Securities & Investment (CISI), offering fully online training courses for a great number of CISI qualifications. In addition to the CISI, the LGCA is also an accredited training institution the International Governance & Compliance Association (IGCA), the Association of Accounting Technisians (AAT), the International Association of Privacy Professionals (IAPP), and an accredited training provider of EXIN.
LGCA is part of the European Institute of Management and Finance (EIMF) Group, one of Europe’s leading institutions for certified and executive education, eLearning and bespoke learning solutions in the financial sector. The Group specialises in providing practical & essential knowledge and skills for professionals to excel in their careers and meet the demands of today’s financial sector.
Invested in your future
Our business is financial education, and we are passionate and committed to your personal and professional development in financial services.
Our 200+ specialised courses cover a wide range of subjects, including regulatory compliance, financial crime, risk management, accounting, banking, compliance office skills, taxation, marketing, corporate governance, leadership, law and more.
As well as accredited courses, we provide many vocational and other specific programs to assist in your daily responsibilities and career progression.
Made for tomorrow, relevant today
Whether it is complaints handling or financial crime, compliance monitoring or sanctions updates, MiFIR transaction reporting or blockchain, at the LGCA we have courses designed to accommodate your mode of study and level of ability.
Our faculty of expert trainers are leading specialists in their fields. Their passion for their subjects, practical experience and years of training ensure that you get the most out of the courses; you gain relevant knowledge and practical skills that have a measurable impact on your personal and professional progression.
LGCA is your training partner!
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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.
