Update Sanctions & Embargos - Sanctions and Embargos from the Perspective of a Bank -
Seminar / Kurs
von FORUM Institut für Management GmbH
- Statutory Sources and Legal Foundation - Germany and Europe: Sanctions, Embargos and Export Controls - US Sanctions - Anti-Boycott Regulation and Anti-Boycott Law - Sanctions Risk Assessment - A detailed view: Russia and TurkeyThis online practical course covers sanctions, their purpose, and the various types of sanctions and who imposes them, as well as the serious consequences for financial institutions for non-compliance.
Most sanctions-setting bodies publish lists that allow organizations to determine whether a specific transaction is prohibited because it involves a sanctioned party. These lists are subject to change at any time and therefore organizations must ensure they are using current information. Organizations have the additional legal obligation to report transactions when it is suspected that money laundering or terrorist financing may be involved. There are severe regulatory penalties for noncompliance, for both the individual and the organization. Businesses may also be at risk of significant reputational harm for any infringements. Proper sanctions compliance training can help to avoid that kind of damage.- This practical online-course covers sanctions, their purpose, and the various types of sanctions and who imposes them, as well as the serious consequences for financial institutions for non-compliance.- What youll learn:- - Explain types of sanctions and how they are used to change behavior - Access and read lists of sanctions targets - Use controls to mitigate sanctions risk - Document and report sanctions compliance efforts
This practical online-course Update Sanctions & Embargo will be of value to those new to sanctions compliance, those looking for a refresher, and those in frontline sanctions positions, teaching skills that benefit both new and experienced professionals, especially as regulator and market expectations around sanctions continue to increase.
Termine und Orte