|Course level: Level 4 - Intermediate|
Sanctions are a key tool in the armoury of the global fight against financial crime. Understanding sanctions remains a complex yet fascinating topic and is crucial for the development of well-rounded strategy in combating financial crime. The ICA Advanced Certificate in Managing Sanctions Risk explores the intricacies and challenges of meeting sanctions obligations. You will learn about the latest sanctions challenges and best practice and you will review case studies so you understand the risks sanctions present to firms and the frameworks used to manage these risks. The course will also investigate key areas of sanctions controls such as sanctions screening, managing alerts and sanctions evasion typologies.
This Advanced Certificate is a must have qualification for anyone involved in identifying, understanding and managing sanctions risk exposure.
This course is awarded in association with Alliance Manchester Business School, the University of Manchester.
This Advanced Certificate is open to anyone who is interested in pursuing a career in the discipline. However, the content of the programme requires students to possess:
• Sound educational background
• Good written English skills
This course is suitable for:
• Senior financial crime/regulatory compliance practitioners who are keen to enhance their existing expertise by learning about another distinct sphere
• Senior managers within the Sanctions environment who wish to certify their knowledge
• Anyone who needs to understand sanctions risk faced when dealing with customers, clients and/or transactions
• Those involved in the sanctions screening process
• Regulators or Consultants
• MLROs, Compliance Managers and Risk Managers
• Anyone with an interest in better understanding how Sanctions work and the risks they can present if not correctly addressed
By studying this qualification, you will study the following topics:
• Global sanctions architecture - Political, Legal and Implementation context
• The international context
• Transparency, control and ownership
• Developing the control framework
• Sanctions lifting and roll back
• Identifying higher risk jurisdictions and activities
• 6-month course assessed by 2 written assignments (2,000 – 2,500 words)
• A mixture of guided online study and participation in live sessions:
- 1 x virtual classroom
- 1 x immersive learning scenario (putting you at the centre of a story)
- 2 x assessment preparation sessions
• Videos covering the latest industry developments and case studies
• Access to the ICA members’ portal containing additional reading and resources
• Proactive support throughout the course to help you stay on track
We have full syllabi available for all of our qualifications. Click here to download a syllabus for this course
In order to study for an ICA qualification, you will need to become a member of ICA. If you're not currently a member of the ICA, you will be required to register as an ICA student member.
Whether you are just starting out in your career, already hold an ICA qualification or are an experienced practitioner, there is a level appropriate for you and this will be activated at the same time as your course commences.
Course fees stated exclude VAT or local tax where applicable
Membership Fee: $100* (Student membership)
*Payable unless you are already an ICA Member.