ICA Advanced Certificate in Managing Sanctions Risk
Course
Online
Description
-
Type
Course
-
Level
Intermediate
-
Methodology
Online
-
Duration
6 Months
Sanctions are a key tool in the armoury of the global fight against financial crime. Understanding sanctions remains a complex yet fascinating topic and is crucial for the development of well-rounded strategy in combatting financial crime. The ICA Advanced Certificate in Managing Sanctions Risk explores the intricacies and challenges of meeting sanctions obligations. You will learn about the latest sanctions challenges and best practice and you will review case studies so you understand the risks sanctions present to firms and the frameworks used to manage these risks. The course will also investigate key areas of sanctions controls such as sanctions screening, managing alerts and sanctions evasion typologies.
About this course
Learning outcomes;-
- An excellent understanding of how international standards are transposed into domestic legislation
- The resulting legal obligations of firms and their employees in the prevention and detection of money laundering
- How anti-money laundering risk (including sanctions and terrorist financing) can be managed and mitigated by appropriate systems and controls.
• Senior financial crime/regulatory compliance practitioners who are keen to enhance their existing expertise by learning about another distinct sphere
• Senior managers within the Sanctions environment who wish to certify their knowledge
• Anyone who needs to understand sanctions risk faced when dealing with customers, clients and/or transactions
• Those involved in the sanctions screening process
• Regulators or Consultants
• MLROs, Compliance Managers and Risk Managers
• Anyone with an interest in better understanding how Sanctions work and the risks they can present if not correctly addressed
The ICA International Advanced Certificate in Managing Sanctions Risk is open to anyone who is interested in pursuing a career in sanctions risk management. However, the content of the programme requires students to possess:
• Sound educational background
• Good written English skills
• Flexible learning solutions that are suited to you
• Our learner-centric approach means that you will gain relevant practical and academic skills and knowledge that can be used in your current role
• Improve your career options by undertaking a globally recognised qualification that hiring managers look for as part of their hiring criteria
• Many students have stated that they have received a promotion and/or pay rise as a direct result of gaining their qualification
• The qualifications ensure that you are enabled to develop strategies to help manage and prevent risk within your firm, thus making you an invaluable asset within the current climate
Reviews
This centre's achievements
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 7 years
Subjects
- Sanctions Risk
- Global Sanctions Risk
- Risk
- Critical Thinking
- Best Practice
- Analytical skills
- Financial Crime Prevention
- Prevention of Terrorist Financing
- Anti Money Laundering
- Terrorist resourcing
Teachers and trainers (1)
ICT Training, Education and Development
Tutors
ICT has a vast internal tutor team and we also use a number of external trainers to enliven the learning process. All ICT trainers have extensive experience. They come from a variety of backgrounds and most are still practising in their profession so you can be confident that the learning you receive is practical and up-to-date. In our international centres we use local tutors who are knowledgeable about the laws and regulations of that particular country as well as international best practice.
Course programme
What will you learn?
· Global Sanctions Architecture – Political, Legal and Implementation Context
· Evolving Scope of Sanctions – a changing tool
· Management of Global Exposure to Unilateral and Regional Sanctions
· Identifying Higher Risk Jurisdictions and Activities
· Transparency, Control and Ownership
· Licensing and Permissible Payments
· Developing the Control Framework
· Incident Management and Holding of Sanction Funds
· Sanctions Lifting and Roll Back
Additional information
ICA Advanced Certificate in Managing Sanctions Risk