A violation of a sanctions regime can have severe consequences for an individual and an organization. Countries and entities that are subject to sanctions use a range of techniques to disguise their involvement and/or ownership in a transaction, asset or event. A thorough knowledge of sanction busting techniques can enhance the capability of staff engaged to identify and monitor transactions and parties for potential abuse of a sanctions regime.
The sanctions awareness workshop provides training on international and local sanctions regimes with an emphasis on the techniques used to defeat them.
The workshop is of 1 day duration and the core elements are:
- International Sanctions Regimes
- Sanctions Avoidance Techniques
- Relevant policies and procedures of the organisation in relation to sanctions law