Summary

This course provides an understanding of secondary sanctions, how they affect financial institutions, and how to ensure compliance to mitigate risks associated with these sanctions.

This course is one of several courses within the Certificate in Sanctions Risk Management. If you wish to achieve this award, you must complete this course along with all other mandatory courses in the associated learning plan.

Audience

Course Objectives

• Understand the concept and purpose of secondary sanctions
• Recognise how secondary sanctions differ from primary sanctions
• Identify the risks associated with secondary sanctions for financial institutions
• Implement best practices to manage compliance and mitigate risks related to secondary sanctions

Course Structure

• Section 1: Introduction to Sanctions and Secondary Sanctions
• Section 2: Differences Between Primary and Secondary Sanctions
• Section 3: Key Risks of Secondary Sanctions for Financial Institutions
• Section 4: Jurisdictions and Entities Commonly Subject to Secondary Sanctions
• Section 5: Regulatory Frameworks for Secondary Sanctions
• Section 6: Best Practices for Compliance with Secondary Sanctions
• Section 7: Case Studies
• Knowledge Evaluation

Duration & CPD Hours

This course should take you between 45 and 90 minutes, depending upon your pace of learning. Additionally, this course is accredited by The CPD Certification Service and carries 1.5 CPD hours.