What Sanctions & Counter-Proliferation Finance Are

• Understand the concept of Sanctions and Embargoes.
• Identify the parties that issue sanctions (United Nations Security Council, European Union, and OFAC).
• Differentiate between types of sanctions (comprehensive, sectoral, targeted, global human rights).
• Comprehend the consequences of non-compliance with sanctions.
• Define and understand proliferation and proliferation finance and their obligations.
• Conduct proliferation finance risk assessment
• Identify red flags and typologies of proliferation finance.

International Context

• Learn about the sanctions imposed by the UN, the European Union, and the Office of Foreign Assets Control (OFAC).
• Understand the roles of governments, regulators, and financial institutions in sanction compliance.

Processes

• Understand the customer onboarding and account opening procedures.
• Contrast automatic versus manual name screening.
• Consider important factors during the account opening process review.
• Understand when and how the name screening should be undertaken.
• Acknowledge the significance of training in sanction compliance.
• Learn about the screening system's matching ranks and algorithms.
• Understand Delta Files and documentation.
• Learn how to perform manual and automated name screening.
• Understand de-risking activities.
• Learn about Banking Authenticated Messages (SWIFT) and the different types of SWIFT messages.

Systems

• Discover Computer Assisted Audit Techniques (CAAT).
• Understand how to use internal system lists to ensure sanction compliance.
• Discover the general sanctions software highlights.
• Learn how to reduce the number of false positives in name screening tools.
• Understand the Wolfsberg Sanctions Screening Guidance.
• Learn how to minimise the number of false alerts generated by name-screening tools.

Reporting

• Understand the structure of violation reports.
• Analyze the findings of violation reports.

Countries' Sanctions Highlights (Excluded from the assessment).

• Learn about Russia's sanctions and countermeasures, as well as those imposed on China, Hong Kong, Syria, North Korea, Iran, and Cuba.

Examination: Each candidate will receive an email from the GCI support team a few days before their exam date, which will include:

• GCI_Remote Participant Guide (Please make sure they read it carefully along with the exam policy, which is available at the candidate portal).
• URL to access the exam.
• User Name.
• Password.

Candidates will experience an easy, hassle-free process with online proctored assessment. GCI have the best technology partners and assessment provider (Questionmark) and the strong GCI support team.

• Exam Duration: 60 Minutes.
• Number of Questions: 50 Questions.
• Type of Question: Multiple Choice.
• Pass Mark: 75/100

The result appears directly once you submit your answers

Digital Badge and an e-certificate will be issued instantly and sent to your email address. You can also ask GCI to send it to your employer at any time.