Sanctions Compliance

The i-KYC sanctions compliance e-learning is indispensable to enhance your general knowledge of the nature of sanctions regimes and their reach in terms of geography and type. In addition, focus will be given to deepening awareness of issues such as where to draw the line, managing substance over form, risk-, or rule-based decision making and how to engage with clients.

Course Overview

This highly interactive sanctions e-learning has especially been designed by subject matter experts. Participants will gain valuable general knowledge about sanctions, how sanctions may impact their business and how to ensure compliance with relevant sanctions regimes.

Target Audience

This course is especially relevant for (Senior) Client Relationship Managers, Trade Finance (Operations) specialists, Risk Management analysts, Compliance officers, CDD analysts and Senior Executives.

Knowledge Test & Certification

Each module will end with a Knowledge Check to test if the participants have understood the content of the training. The results of the tests can be saved or printed and can serve as an audit trail for evidence towards the regulator

Audit Reporting Package

Evidence of course completion of users including Knowledge Test scores & time stamp for local Regulators and Correspondent Bank relationships. Including document with e-learning content (slides) plus list of questions of the knowledge checks.

Course Objectives

At the end of the training, participants will have enhanced their awareness of sanctions compliance and be able to:

• describe in general terms what sanctions are, their purpose, key features and reach;
• identify which sanctions regimes are the most important and how they can impact your business;
• adhere to key sanctions do’s and don’ts;
• respond to your clients’ general queries about sanctions.

Course Content

• What should you know?
  • What are sanctions
  • Purpose and nature of sanctions
  • Types of sanctions
  • Which sanctions regimes are most important for you
• What should you do?
  • Enhance awareness
  • Client communication
  • Do’s and dont’s
• What should you have?
  • Sanctions risk management framework
  • Purpose-driven policy implementation
• A knowledge check
• Several case studies will be presented throughout the e-learning.