About the Course
This course explains sanctions and terrorist financing in the UK.
This course explains what are sanctions and how terrorists obtain finance. The role of financial services firms in preventing their business from being used by sanctioned indivdiuals or entities and the associated challenges in so doing. The criminal prosecution regime in the UK.
By the end of the course participants will:
Be able to state the three steps involved in laundering money
Understand what are sanctions
Monitor for updates and new sanctions
Describe a sanctions screening programme and the role it plays
State the different types of screening checks
Recognise the key players fighting financial crime in the UK
The course will cover:
- What are sanctions and how do terrorists fund their activities.
- The course then steps through a sanctions screening programme, and why it is needed.
- Details of the criminal offences for avoiding sanctions.
- The key entities involved in fighting financial crime in the UK and their responsibilities.
- The Money Laundering Directives from the EU and how these apply in the UK.
- Regulatory expectations around money laundering and how to meet those expectations.
- Examples of seminal prosecutions.
Required Knowledge and Skills
The course is suitable for anyone in financial services. This course can be adapted so that it specifically addresses individuals working in specific roles such as risk and compliance, front, back, and middle office personnel, board members, and
About Your Trainer
Rajeshri is a Chartered Accountant with experience in Forensic Accounting and Expert Witness work in fraud and financial crime. Raj has worked on highly complex criminal cases with the FCA and SFO, as well as firm and individual regulatory misconduct.
Raj is also an associate member of the Academy of Experts and has provided expert reports on fraud related matters.