Professional Course

Financial Sanctions Programme and Screening

3 days
3,195 USD
Next course start
Inquire for more information See details
3 days
3,195 USD
Next course start
Inquire for more information See details
This provider usually responds within 48 hours 👍

Course description

Financial Sanctions Programme and Screening

Economic sanctions are commercial and financial penalties applied by one or more countries against a targeted country, group, or individuals.

This course is essential to understand what are the Economic Sanctions, how they are applied, who apply them and who are the targets. The purpose of this course is to create awareness around the concept of sanctions and the implications that breaches of sanction rules . The course introduces the types of restrictions applied by various governments and international agencies

Upcoming start dates

1 start date available

Inquire for more information

  • Classroom
  • Dubai

Who should attend?

Who Should Attend

Employees, supervisors, managers and others involved in transactions and seeking to improve their skills and knowledge on Sanctions.

Training content

What are Economic Sanctions?

  • Financial Sanctions as economic and trade restrictions
  • Reasons of Financial Sanctions
  • Who is involved? Financial Institutions
  • Responsibilities and Guidance for Financial Institutions
  • Penalties for Breach of Sanctions

What is a Sanctions Screening Programme?

  • Policies and Procedures
  • Technology
  • Guidelines on Sanction Programme
  • AML / CTF Procedures
  • Aligning the Financial Institution's policies, systems and controls to regulatory guidelines
  • Assessing, enhancing and optimizing the Sanctions Screening Programme
  • Financial Institution compliance with the measures imposed by the relevant regulatory bodies

Components of a Sanctions Screening Programme

  • Governance and Control Model
  • KPI based periodic review
  • Effective Data
  • Technology Framework and Lists Management
  • Alert Investigation Methodology
  • Disposal of alerts and escalations
  • Staff Awareness and Training

Certification / Credits

  • Identify the impacts of Economic sanctions in your organization
  • Learn how to implement a Sanction Screening Programme
  • Understand the personal contribution to comply with the sanctions.
  • Set up a risk based approach relying on the different type of Economic sanctions
  • Explain the relevant methods in preventing Economic sanctions

Why choose Convertas?

Founded in 2006

12 Specialized trainers

100% of happy clients

Contact this provider

Contact course provider

Fill out your details to find out more about Financial Sanctions Programme and Screening.

  Contact the provider

  Get more information

  Register your interest

Country *

reCAPTCHA logo This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Convertas Management Consultants
214, DBC2, Arjan
124534 Dubai

Convertas Management Consultants

CONVERTAS offers a series of specialized training services across all areas of business, helping employees develop and increase their skills. Our highly qualified trainers through our specifically designed courses and workshops, as well as our innovative training methodology, will provide...

Read more and show all training delivered by this supplier