Sanctions In-Person Sanctions Compliance

The morning starts with an overview of what sanctions are, multilateral sanctions, autonomous sanctions, the impact of the growing complexity of the international rules-based system. The day continues by examining the types of sanctions measures, and the differences between comprehensive and targeted sanctions. The morning finishes with looking at sanctions compliance, including the importance of control frameworks and sanctions policies. The afternoon session begins by examining further the issues of sanctions compliance. Considering the role of licencing, reporting, and the obligations of the private sector in implementing sanctions and reporting possible breaches. The course then moves on to looking at specific issues such as ownership and control, and screening of customers/counterparties. Before concluding with a detailed look at how to conduct a risk based analysis, and recognising red flags both with regards to customers/counterparties, and potential evasion activity based off of the latest understanding of evasion typologies.