Onsite Courses

During the Covid-19 armada, we ran our programs virtually using Zoom or MS Teams. And this new normal has been quite effective, delivering stellar results. Our clients across the globe are quite happy with what we are doing, and doing really well. Our programs run both on weekdays and weekends to suit the needs of everyone. Our in-house or in-plant programs are also conducted virtually. Our weekend programs [ i.e., every Saturday] commence at 10am [ West Africa Time] while week days commence at 9.am prompt [ also West Africa Time]. We have now commenced in-person training programs as well . On timing, we are very flexible as well. Our overarching goal is to work within your timeframe/convenience. For further details/clarification, please send to us an email [info@theriskacademy.org] or call: 08021003297; 07034248767; 09071941111. Because we care.

NGN, ₦
  • USD, $
FOX v.1.4.2.3

Products Quantity
SANCTIONS COMPLIANCE MASTERCLASS
PROGRAM OUTLINE MODULE 1: HOW ARE SANCTIONS CREATED AND ENFORCED?
  • Overview of Sanctions Compliance
  • Types of Sanctions
  • Who imposes sanctions? Regulatory Bodies and Authorities
  • Sanctions Compliance Regulations
  • United Nations sanctions regime
  • European Union sanctions regime
  • United States sanctions framework
  • United States sanctions regulatory agencies
  • United Kingdom sanctions regime
  • Unilateral sanctions
  • Influential organizations
  • UN sanctions regime (Case example)
MODULE 2: SANCTIONS TYPES, TARGETS, AND EXCEPTIONS
  •  What are the types of sanctions and embargoes?
  • Financial and economic sanctions
  • Asset freeze and making funds available
  • Trade sanctions including arms embargoes
  • Trade sanctions: Items subject to export control
  • Comprehensive vs targeted sanctions
  • Sectoral sanctions
  • Are there exceptions made for sanctions?
  • Sanctions exceptions, exemptions, and licenses
  • Grounds for sanctions licensing
  • Effective application of humanitarian licenses • Managing indirect sanctions exposure (Case example)
MODULE 3: INTERNATIONAL CONSIDERATIONS IN SANCTIONS COMPLIANCE
  • Understanding Jurisdictional Issues
  • What is the jurisdictional reach of sanctions and who is subject to them?
  • US primary vs secondary sanctions
  • Who needs to comply with sanctions?
  • Risks of sector-specific sanctions---
  • Risk of correspondent banking sanctions
  • Sanctions risk for digital currencies
  • Corporate supply chain sanctions
  • Sanctions for maritime, logistics, and freight forwarders
  • Goods and technologies of US origin
  • Sanctions in the IT sector
  • Sanctions on high-value and luxury goods
  • Effective humanitarian license application
  • Humanitarian aid distribution in authorized jurisdictions
MODULE 4: SANCTIONS VIOLATIONS
  • How do sanctions violations occur?
  • Unintentional sanctions violations
  • Sanctions evasion techniques: Payments
  • Sanctions evasion techniques: Trade-based (Case example)
  • Lessons from enforcement
  • What are the consequences for not following sanctions
  • Consequences: Regulatory, financial, reputational; Regulatory, financial, reputational (Case example)
MODULE 5: SANCTIONS COMPLIANCE PROGRAM
  •  What Aspects Form A Robust And Effective SCP?
  • Framework for a robust SCP
  • Management commitment / culture of compliance
  • Sanctions risk assessment
  • Internal controls
  • Testing and audit
  • Sanctions compliance training
  • Staying current on sanctions
  • Sanctions easing and lifting PLUS (Case example)
MODULE 6: IDENTIFYING AND MANAGING SANCTIONS RISK
  • Principles for an effective SRA
  • Categories of customer risk: Customer, jurisdiction, product, channel
  • Sector-specific sanctions risks
  • Correspondent banking sanctions risk
  • Digital currencies sanctions risk
  • Corporate supply chain sanctions risk plus (Case example)
  • Maritime, logistics, and freight forwarders sanctions risk
  • Technology sector sanctions risk
  • High-value and luxury goods sanctions risk
MODULE 7: SANCTIONS DUE DILIGENCE
  •  How to conduct sanctions due diligence
  •  Know your customer requirements
  • Know your customer due diligence
  • Enhanced due diligence for sanctions
  • Due diligence investigations for sanctions (Case example)
  • Understanding beneficial ownership
  • Transparency, ownership, and control
  • OFAC 50% rule
  • EU and UK ownership and control
  • Concealment of beneficial ownership
  • KYC due diligence (Case example)
  • OFAC 50% rule (Case example)
MODULE 8: SANCTIONS SCREENING, INVESTIGATION, AND INCIDENT MANAGEMENT
  •  What is sanctions screening and how does it work?
  • Sanctions screening • Types of sanctions screening • Sanctions Screening: Amazon (Case example)
  • What do we do when the risk emerges?
  • Dealing with a sanctions breach • Self-reporting a potential breach of sanctions • Incident management as part of an SCP • Sanctions Compliance Foundations (Summary)
 MODULE 9: ADVANCED TOPICS IN SANCTIONS COMPLIANCE
  • Sanctions and Emerging Technologies
  • Blockchain and Distributed Ledger Technology (DLT)
  • Artificial Intelligence (AI) and Machine Learning
  • Cryptocurrency and Digital Assets
  • 3D Printing and Advanced Manufacturing
  • Sanctions Evasion and Enforcement
  • Methods of Sanction Evasion
  • Smuggling and Illicit Trade
  • Front Companies and Shell Entities
  • Cryptocurrency and Peer-to-Peer Transactions
  • Regulatory Enforcement and Penalties
  • The Huawei Case (2020)
  • The Zhenli Ye Gon Case (2019)
 WHO CAN BENEFIT FROM THE PROGRAM?
  • Sanctions compliance team
  • Sanctions screening team
  • Economic/Financial sanctions team
  • Embargoes/Trade sanctions team
  • Global trade, import/export team
  • AML/CTF/CPF team
  • Compliance technology team
  • Legal counsel team
  • Regulatory compliance team
  • Risk management team
  • Regulatory Compliance
  • Compliance Analysts
  • Compliance Managers
  • KYC Analysts / Know Your Client Analysts
  • KYC Managers
  • AML/TF(Anti Money Laundering and Terrorist Financing) Analysts
  • AML Managers
  • Compliance Specialists
  • Screening Analysts
  • Customer Screening Analysts
  • Transaction Screening Analysts
  • Adverse Media Screening Analysts
  • Corporate KYC/AML Analysts
  • Onboarding Analysts
  • Anyone in the financial compliance sector (private companies, regulated or non-regulated companies, banking, real estate, lawyers, or public sector employees).
  • Compliance officers and risk management professionals
  • Legal advisors and corporate counsel
  • Banking and financial services professionals
  • Trade and export control specialists
  • Senior managers responsible for regulatory compliance
PROGRAM DURATION: 3 DAYS
1 2 3 4

ONSITE TRAINING REQUEST FORM

Please complete this form to arrange any training ON YOUR SITE

Please enable JavaScript in your browser to complete this form.
Request a Proposal
Request a proposal based on the selected course(s) (We will send you a proposal detailing the courses selected including the cost implication)
=