Sanctions Compliance & Screening

Program Overview

A specialized program that provides a comprehensive understanding of international sanctions regimes administered by major authorities, including the United Nations, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), and the European Union. The program equips participants with the knowledge and practical skills to design and operate effective sanctions screening programs, detect sanctions evasion techniques associated with money laundering and illicit finance, and manage the legal, regulatory, and reputational risks arising from sanctions non-compliance.

Duration: 3 Days
Training Hours: 18 Training Hours
Target Audience: Compliance officers in banks and multinational companies, risk management professionals, transaction monitoring teams, and legal advisors supporting organizations with international operations.
Delivery Mode: In-person / Live Online

Detailed Learning Objectives

By the end of the program, participants will be able to:

• Understand the structure, objectives, and implementation of the principal international sanctions regimes and their impact on financial institutions.
• Design, implement, and maintain effective sanctions screening programs for sanctions lists, restricted parties, and prohibited entities.
• Detect sanctions evasion techniques commonly used to facilitate money laundering and the movement of illicit funds.
• Manage screening alerts, distinguish between true matches and false positives, and respond in accordance with internal policies and regulatory expectations.
• Understand the legal, regulatory, financial, and reputational consequences of sanctions violations for both institutions and individuals.

Key Topics

• International Sanctions Framework: United Nations sanctions, OFAC sanctions, European Union restrictive measures, and prohibited and designated persons lists.
• Sanctions Screening Programs: Screening system design, matching methodologies, calibration, effectiveness testing, and false positive alert management.
• The Intersection of Sanctions and Money Laundering: How sanctions evasion facilitates illicit financial flows and money laundering schemes.
• Sanctions Red Flags and Evasion Typologies: Common sanctions evasion methods, early warning indicators, and risk-based detection strategies.
• Legal, Regulatory, and Reputational Consequences: Enforcement actions, regulatory penalties, reputational risks, and case studies from international and regional jurisdictions.