Understanding the concept of sanctions and embargoes

Identifying sanction-issuing authorities (UN, EU, OFAC)

Differentiating between comprehensive, sectoral, targeted, and global human rights sanctions

Analyzing the consequences of non-compliance with sanctions

Defining proliferation and proliferation finance obligations

Conducting proliferation finance risk assessments

Identifying red flags and typologies of proliferation finance

Understanding international sanctions imposed by the UN, EU, and OFAC

Recognizing the roles of governments, regulators, and financial institutions in sanction compliance

Applying customer onboarding and account opening procedures in a sanctions framework

Differentiating between automatic and manual name screening processes

Evaluating key factors in the account opening review process

Implementing effective name screening procedures

Understanding the importance of training in sanction compliance

Interpreting screening system matching ranks and algorithms

Managing Delta Files and documentation requirements

Conducting manual and automated name screening efficiently

Understanding de-risking activities and their implications

Processing Banking Authenticated Messages (SWIFT) and SWIFT message types

Utilizing Computer Assisted Audit Techniques (CAAT) for sanctions compliance

Managing internal system lists for sanctions compliance

Optimizing sanctions screening software for accuracy

Reducing false positives in name screening tools

Applying Wolfsberg Sanctions Screening Guidance

Minimizing false alerts in name screening processes

Understanding the structure and analysis of sanctions violation reports