Introduction:

CGSS is a certification that equips an organisation’s workforce with a credential that represents a serious commitment to compliance with sanctions, in a world of increasingly complex laws, regulations, and policies. CGSS is global, allowing multinational institutions to strategically and uniformly apply the same programme for all global employees.
This course teaches the crucial sanctions principles all compliance staff should understand and 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. 

Objectives:

At the end of this course the participants will be able to:

  • Governance and enforcement
  • Sanctions related to evasion techniques
  • Sanctions related to Due Diligence
  • Sanctions related to screening
  • Sanctions related to investigations and asset freezing

Course Outline:

  • Introduction and study recommendations

  • Chapter 1: Governance and enforcement

    • Introduction 
    • History of sanctions and purpose of sanctions 
    • Who imposes sanctions?
    • Who is subject to sanctions?
    • Sanction types 
    • Consequences for noncompliance
    • Incorporating sanctions compliance into Compliance programmes, risk assessment, and employee training

  • Chapter 2: Sanctions evasion techniques

    • Evasion methods: common techniques
    • Concealment of beneficial ownership

  • Chapter 3: Sanctions Due Diligence

    • Perform sanctions Due Diligence

  • Chapter 4: Sanctions screening

    • Screening targets
    • Name screening vs. payment screening information technology 
    • Regulatory matters
    • Name screening 
    • Payment screening
    • Solving name and payment screening challenges
    • Trade activity screening

  • Chapter 5: Sanctions investigations and assets freezing

    • Conducting investigations
    • Reviewing relevant sources of information
    • Identifying and blocking (or freezing) assets

  • Chapter 6: Review questions

  • Chapter 7: Guidance documents and reference material