ΠΕΡΙΓΡΑΦΗ

This seminar aims to provide a comprehensive understanding of sanctions by exploring their origins, rationale, and legitimacy as they have evolved over time. It seeks to clarify common confusions between sanctions, tariffs, embargoes, blockades, and boycotts, and to offer insight into the different types of sanctions and their consequences. Participants will be encouraged to question the proliferation and effectiveness of sanctions while gaining knowledge about the types of sanctions enforced in Cyprus and the consequences of non-compliance. 

The seminar also provides a general overview of the development of sanctions in relation to Russia since 2014, focusing on the scope and scale of current EU restrictive measures. It will cover the main financial sanctions imposed following Russia’s invasion of Ukraine, including measures related to investment services, deposits, and the SWIFT ban. A key focus will be on the issue of circumvention of sanctions, and the seminar will provide a compliance framework along with practical suggestions. Through the analysis of case studies and Q&A sessions, participants will gain a solid understanding of the application and enforcement of sanctions.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

After the seminar, participants will be able to:

• To understand the origins, the rationale and legitimacy of sanctions as they evolved
• To dispel confusions between sanctions, tariffs, embargoes, blockades, and boycotts
• To appreciate the different types of sanctions and their consequences
• To question the proliferation and efficacy of sanctions
• To learn the types of sanctions Cyprus enforces, and the consequences of non-application of sanctions
• To provide a general overview of the development of sanctions in relation to Russia since 2014 and understand the breadth and volume of the EU restrictive measures as they currently stand
• To analyse the main financial sanctions imposed in relation to Russia’s invasion of Ukraine
• To understand the EU restrictive measures on Russia in relation to the provision of investment services, deposits, and the SWIFT ban
• To delve into the centrally important topic of circumvention of sanctions
• To provide a compliance framework and suggestions
• To gain a sound understanding of the application and enforcement of sanctions through analyzing case studies and working through Q&A

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

This seminar is ideal for legal professionals, auditors, accountants, risk managers, AML compliance officers, and board members.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Certification

All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.