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:

• Distinguish clearly between sanctions, tariffs, embargoes, blockades, and boycotts.

• Identify the different types of sanctions and understand their political and economic consequences.

• Analyze EU restrictive measures against Russia, especially those enacted after 2014 and 2022.

• Recognize the legal and financial implications of non-compliance with sanctions in Cyprus.

• Apply a practical compliance framework to prevent or detect circumvention of sanctions.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

• Compliance officers and risk management professionals.

• Legal advisors and corporate lawyers in international trade or finance.

• Financial services professionals, including investment and banking executives.

• Customs and trade regulation specialists.

• Public sector officials and consultants working on international policy or sanctions enforcement.

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.