ΠΕΡΙΓΡΑΦΗ

The recent intensification of international economic sanctions imposed against Russia – mainly by the USA, UK and the EU have further complicated, an already complex matrix of restrictive measures applicable against Russia. 

In this context, businesses whose transactions involve Russian legal or natural persons needs to assess and potentially comply with numerous, rapidly changing, restrictions of often very technical nature. 

Particularly tormented by international economic sanctions, are those businesses approached by the sanctioned entities, for the purpose of benefitting from the former’s services. 

It is, thus, important for professionals employed in such businesses to always remain up-to-date on the applicable restrictions and best practices for their management, so that their employers avoid the severe penalties imposed by the sanction setting countries, as well as other financial and reputational damages.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

Upon completion of the seminar, participants will have:

• Acquired knowledge of the US legal framework on economic sanctions imposed against Russia
• Acquired knowledge of the EU legal framework on economic sanctions imposed against Russia
• Enhanced their ability to manage economic sanctions imposed against Russia in the context of day-to-day business tasks

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

The seminar is addressed to:

• Professionals of export companies and other businesses with international operations
• Compliance professionals
• Risk professionals
• Front-office professionals of financial institutions
• Back-office professionals of financial institutions involved in payments
• Legal advisors to export companies and other businesses with international operations
• Legal advisors to financial institutions

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Training Outline 

• Economic sanctions against Russia imposed by the USA
• Economic sanctions against Russia imposed by the EU
• Management of economic sanctions imposed against Russia

Training Style  

The seminar is designed to deliver knowledge and enhance participants’ skills via lectures, case-studies, practical examples, group-discussion and peer-sharing experience.

CPD Recognition 

This programme may be approved for up to 6 CPD units in Financial Regulation and AML. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership. 

The Cyprus Bar Association (CyBAR) has confirmed that this programme is accredited for 6 CPD units.

This training course may be approved as an external activity under the new ACAMS recertification category ”non-ACAMS credits” for up to 6 CPD units. Eligibility criteria and CPD Units are verified directly by the Association of Anti-Money Laundering Specialists (ACAMS). To read more about the non-ACAMS credits policies and eligibility criteria please click here