ΠΕΡΙΓΡΑΦΗ

Unprecedented sanctions on Russia change the game and demand for expert compliance.

The new world order is forcing financial Sector Professionals to safeguard themselves and their organisations.

This course will address the existing sanctions regime enforced by the US and EU and concentrate on the sanctions imposed against Russia.

It will also illustrate the best practices that need to be implemented to mitigate reputational risks.

The course will also discuss the challenges of implementing the different types of sanctions and embargoes, including their unintended consequences.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

Benefits of attending:

• Analyse the particulars of each client to estimate the risk derived from their activities
• Interpret the regulations on sanctions to make sure they are fully understandable by all staff
• Apply all provisions of the relevant laws, directives, and policies to mitigate the risks derived from Sanctions and Embargoes
• Discover cases of possible Sanctions Violations and act accordingly
• Design proper policies and procedures based on the risk appetite of the organisation to mitigate any sanctions and embargo risks
• Information Management Mastery: Learn to organize and protect collected information with robust methodologies.
• Critical Evaluation Skills: Develop the ability to assess and defend the accuracy of online data from various sources.
• Collaborative Policy Development: Work effectively with management to establish secure and comprehensive profile search policies.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

The program is addressed to employed professionals appointed by their companies as Compliance officers, Money Laundering Reporting Officers, AML/KYC/EDD analysts and investigators, organisational risk officers, internal audit officers, fraud department officers, legal and insolvency officers, financial crime investigators.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Contents & Objectives

• Contents and Objectives
• The essentials of International Sanctions, Definitions, Sources of Regulations
• Risks incurred in failing to abide by sanctions
• Countries subject to International Sanctions and  Embargoes
• US Sanctions, US Persons
• EU Sanctions, Application of EU Sanctions
• Case Studies

CPD accreditation:

*The course may be approved for up to 7CPD units verified directly by the participant's association, regulator or other bodies which holds membership.

** For the Cyprus Bar Association Members this counts as part of their Continuous Professional Development, qualified as Non-verifiable CPDs.