Embargoes and Sanctions
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45 Minutes -
For all staff
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UK
Embargoes ban all activity with a target, while sanctions apply narrower prohibitions such as restricting commodities, blocking transactions, freezing assets or imposing travel bans. This 45-minute course explains the difference, the steps the organisation takes to comply, the action individuals must take, and how to report a concern.
Sanctions regimes now change faster than most onboarding processes, and the exposure runs through suppliers and intermediaries as well as direct customers. Fines and criminal liability follow breaches regardless of intent. Training staff across payments, procurement and client onboarding gives your compliance programme a human check behind the screening tools, which is where most avoidable breaches get caught.
What you’ll learn in
this course
- Recognise what embargoes and sanctions are and the purpose that they are designed to achieve
- Identify the steps our Company takes to comply with embargoes and sanctions
- Take appropriate action to comply with embargoes and sanctions
- Seek advice and report matches and transactions that might breach sanctions
Hear from our customers
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