grc solutions logo
Contact Us
FSMP Login

Sanctions Essentials (Global)

, , , ,

1 Modules

Course Description

Recognising sanctions risks and knowing when to stop, check and escalate

A concise, scenario-led introduction to sanctions compliance, covering the purpose of sanctions, key sanctions regimes and targets, common risks and red flags, the consequences of
sanctions breaches, and the correct steps to take when a potential concern arises.

What you’ll learn

  • Define sanctions and explain their purpose.
  • Identify key sanctions regimes and the individuals, organisations, countries, assets and activities that may be subject to sanctions.
  • Recognise common sanctions risks and red flags, including risks arising through ownership and control.
  • Explain the possible legal, financial and reputational consequences of sanctions breaches.
  • Respond appropriately by stopping, checking and escalating when a potential sanctions concern arises.

 

By completing this course, learners will be able to:

  • Define sanctions and explain their purpose.
  • Identify key sanctions regimes and sanctions targets.
  • Distinguish sanctions controls from anti-money laundering controls.
  • Explain why more than one sanctions regime may apply to a customer, transaction or business relationship.
  • Recognise sanctions risks involving individuals, organisations, countries, territories, ships, aircraft, assets and property.
  • Explain how ownership and control relationships can create sanctions risks.
  • Identify common sanctions red flags.
  • Outline the potential consequences of sanctions breaches.
  • Apply the correct stop, check and escalate process when a sanctions concern arises.

This course is suitable for all employees, including managers, who may encounter customers, counterparties, transactions or business activities that could present sanctions risks.

  • Online course, 100 percent self paced 
  • Accessible anytime, anywhere 
  • 30 minutes
Train your team
Buy for 1–10 people

$75.00

Do you have a policy or process, or some subject-matter expertise that you would like to add to this course?

Talk to us about ways we can tailor the course to suit your needs.

Buy for Organisation
Please note

This course is exclusively for organisational clients and is not available for individual purchase.

Buy for Organisation

Related products

Buy for Organisation

Please fill out the form below & our sales team will be in touch.