Introduction to Sanctions

Description

To provide delegates with an introduction to the world of international sanctions and outline the essential steps to take to ensure regulatory compliance. An updated picture concerning recent developments within the world of International financial sanctions will be provided. The session will also highlight emerging risks and evolving global regulations, and examine recent pertinent case studies.

 

Content 

  • International sanctions overview; what are the aims and objectives of sanctions, who are the key players and why does this matter?

  • How to carry out a Risk-Based Approach (RBA) to sanctions compliance

  • Compliance & sanctions; Operational realities, what are the consequences of getting it wrong and how can we minimise the risks

  • Recent case studies analysed. What were the real-world effects?

  • Tools and resources; what’s out there that can help?

 

Presenter

Ross Savage

Expert Trainer at the School of International Financial Services

Ross 

Ross is an experienced freelance financial crime consultant and professional trainer with over 20 years of experience.  As an ex Detective and Accredited Financial Investigator, Ross initially focused on conducting money laundering investigations and stripping the illegally obtained assets of organised criminals. 

Ross spent part of his operational career working for the UK National Terrorist Financial Investigation Unit (NTFIU). Working closely with government & industry partners, he led terrorist finance operations and supported work on domestic and international sanctions investigations. During this time, Ross was part of a small training team that delivered bespoke, tailored training in Countering the Financing of Terrorism (CFT), Anti-Money Laundering (AML) and Sanctions Compliance to overseas partners in the Middle East. For part of the time Ross worked within UK counter-terrorism, he was seconded to the UK Ministry of Defence (MOD). Here, he provided specialist CFT/AML & sanctions expertise, travelling to Afghanistan, the United States and across Europe.

Outside of UK law enforcement, Ross has previously held the title of Global Lead for Sanctions Compliance Training for the International Compliance Association, and is a visiting expert and trainer for several other financial crime and sanctions compliance training companies.


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