Sanctions Screening
€120.00
Sanctions compliance has become one of the most consequential areas of financial crime risk. Enforcement actions by competent authorities — including substantial fines for screening failures — demonstrate that regulators expect institutions to go well beyond list-checking. Effective sanctions compliance requires a thorough understanding of the applicable regimes, robust screening methodology, and a disciplined approach to alert management and reporting.
This program equips compliance professionals with the necessary knowledge and practical frameworks to:
Navigate the major international sanctions frameworks — UN, EU, US (OFAC), and UK — while comprehending their jurisdictional scope and interactions.
Set up and assess sanctions screening systems, which include list management, matching algorithms, and risk-based adjustments.
Implement uniform and justifiable criteria for alert resolution, differentiating genuine matches from false positives.
Properly respond to confirmed matches, encompassing asset freezing obligations, licensing necessities, and reporting to appropriate authorities.
Recognize the primary typologies employed to circumvent sanctions controls, such as ownership structures, third-party intermediaries, and trade-based evasion.
Self-paced format, 6 modules, Intermediate - Advanced level.