Why AGRC Sanctions Compliance Certification?

Here are the key benefits of AGRC's  Sanctions Compliance Certificate :

• Comprehensive knowledge of sanctions and an opportunity to explore the latest global trends in economic sanctions, while tracing the roles of relevant actors within this complex framework.
• Through the use of multiple case studies, a solid and practical understanding of the motives and logic behind sanction decisions, the resulting impacts and consequences experienced not only by the parties concerned but also those who do business with them, either directly or indirectly.
• Essential tools and information to hone your skills as an AML and compliance professional working for a bank, investment firm or fund, financial services provider, or law firm.
• Two chances to pass our certificate's 40-question multiple-choice exam.
• Access to a comprehensive and in-depth study guide to help you pass our exam.
• Free one-year membership to AGRC, where you can exchange knowledge and share experiences with GRC professionals worldwide.
• Use of the AGRC professional designation as a GRC professional.

Sanctions Compliance Certificate Curriculum

The AGRC Sanctions Compliance Certificate covers the following specific topics:

• Definition of sanctions
• Institutional framework and legal basis
• The international framework
• Multilateral sanctions
• Unilateral sanctions and important sovereign states
• Categories of restrictive measures
• Administration of sanctions
• Important recent legal developments
• Manage and mitigate sanction risk
• Sanctions Compliance Program
• Processes and systems
• Sanctions control and tax evasion
• Due diligence, ownership and control

Expected learning outcomes

This is what you can expect to achieve after completing this certificate:

• Understanding sanctions and the importance of compliance
• Understand why it is important to follow
• Define a sanctions compliance program and governance framework
• Define sanctions lists and screening
• Manage alarm investigations
• Understand the risk and cost of getting it wrong
• Determine how vulnerable your institution is to sanctions risks
• Apply modern methods that will increase the efficiency and effectiveness of your program
• Protect your institution from dealing with embargoed individuals or entities
• Understand best practices for monitoring compliance with sanctions
• And much more!

Target group

The AGRC Sanctions Compliance Certificate is designed to:

• Professionals in financial crime and compliance
• Professionals working in the sanctions environment who want to certify their knowledge
• Operational staff who need to understand the importance of sanctions compliance when handling customers and/or transactions
• Regulators
• Consultants
• AML, Compliance and Risk Professionals
• Everyone working in financial services is interested in having a better understanding of how sanctions work.