Sanctions Risk Assessment Masterclass

Sanctions are immensely powerful tool used by governments, supranational organisations (e.g., UN, OFAC, EU, OFSI) and regulatory authorities. The scope of the sanctions may cover individuals, organisations and regimes, as well as regions and countries. The wide scope of sanctions applicability makes it a complex subject to fully comprehend; hence, bespoke sanctions risk assessment training is critically important. The cost of non-compliance may be substantial with long-term consequences for the organisations.

Why take this course?

This masterclass will assist the learners in expanding on their existing knowledge of sanctions and polishing their sanctions risk assessment skills. Delegates will develop a thorough understanding of different types of international and domestic sanctions requirements, regulatory requirements around sanctions screening, core techniques on effective alert investigations, information on various industry standard tools and systems utilised, effective risk mitigation and decision-making skills.

This masterclass is designed to offer the learners a thorough understanding of the complicated sanctions world, key challenges and overview of selective real-life case studies to aid the understanding of delegates. A combination of or theoretical knowledge and practical aspects of complex sanctions requirements are discussed throughout this masterclass.

  • Relationship Managers
  • Sanctions Screening
  • AML Officers
  • Payments Processing Staff
  • Compliance Specialists
  • Understand types of sanctions
  • Explore key sanctions regimes
  • Screening for sanctions
  • Identifying dual use goods
  • Detecting higher risk scenarios
  • Critical decision making

Delegates of this masterclass shall be assessed through a multiple-choice test at the end of the training session. Upon successful completion of this masterclass, delegates will be awarded the Sigma Risk certification.

This masterclass may be delivered in person at client premises, at external location or virtually via Zoom or MS Teams.

Full Suite of Sigma Risk Masterclasses

Masterclass covered all areas that are specific to my role. Gave me a greater understanding of sanctions and gave real life scenarios and previous examples that gave a picture of the theory of sanctions in action.

Jack Williams

European Regulator