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Sanctions

Mastering international sanctions regulations and risk mitigation in this Sanctions course. In today’s complex global landscape, compliance with international sanctions laws is not optional—it’s essential.

Our course combines:

  • Interactive theory sessions led by trade finance experts
  • Practical assignments and group work
  • Real-life case studies and simulations
  • Active discussions and peer learning

 

The Sanctions course by 3Masters offers a deep dive into the various sanction regimes and their practical implications for financial institutions, legal professionals, and compliance teams.

Whether you’re dealing with EU, Dutch, UN, or OFAC sanctions, understanding the differences and overlaps between these frameworks is critical. This course provides the tools and knowledge you need to confidently identify, assess, and act on sanctions-related risks across all areas of your organization.

Delivered through real-world case studies, interactive exercises, and guided discussions, this course is suitable for professionals across all three lines of defense—1st, 2nd, and 3rd line roles.

Participants will explore:
✅ The legal framework and purpose of financial and economic sanctions
✅ Key differences between Dutch, EU, UN, and OFAC sanctions regimes
✅ How sanctions risks apply across products, services, and jurisdictions
✅ Sanction screening processes and red flags in high-risk transactions
✅ Mitigating the risk of sanctions circumvention
✅ The role of dual-use goods and export controls
✅ The relationship between sanctions and Customer Due Diligence (CDD)

Course program overview

📌 Understanding Sanctions Risk:
• Distinction between economic and financial sanctions
• Legal frameworks
• International impact

📌 Global Sanctions Landscape:
• Role of the European Union
• United Nations
• OFAC

📌 Supervisory Bodies:
• Insight into the roles of DNB, AFM, and other regulators

📌 International Business Risks:
• Sanctioned countries
• Persons & organizations
• Goods & services

📌 CDD & Sanctions Integration:
• Aligning sanctions risk with your client onboarding
• Transaction monitoring
• Transaction screening processes

📌 Sanctions Evasion Techniques:
• Recognize and respond to tactics used to bypass restrictions

This course is ideal for professionals working in:
• Compliance and Risk Management
• Financial Crime & AML
• Legal Advisory
• Customer Due Diligence (CDD/KYC)
• Trust professionals
• Audit (Internal & External)
• Sanctions Screening Teams

No prior sanctions experience is required—just a drive to ensure your compliance standards are robust and effective.
Learn to navigate EU, UN, and OFAC sanctions with the 3Masters Sanctions course. Understand legal risks, CDD integration, and prevent violations with practical tools and real-world case studies

By the end of this course, participants will:

• Understand the definition and importance of sanctions in the global financial system
• Identify and interpret the relevant laws and regulations impacting their organization
• Recognize the critical connection between sanctions and CDD/AML compliance
• Apply professional judgment to assess real-world sanctions risks
• Confidently implement procedures to avoid violations and improve internal controls
• Enhance your organization’s readiness for audits, inspections, or regulatory reviews

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Any questions?

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Frequently Asked Questions

In Dutch or English.

The trainers at 3Masters work within the field of the training. They are specialists who engage with the training content daily. At 3Masters, we believe it is important that trainers have extensive experience and are enthusiastic about sharing their knowledge with participants.

Together with our trainers, we aim for an optimal trainer-to-participant ratio. Therefore, we work with training groups of approximately 12 participants, ensuring a good balance between experience, knowledge, and skills.

The training sessions can be organized both in-company and virtually. Together with the client, we determine what works best for the participants. Everything is possible, and our trainers are flexible.

The timing of the training will be determined in consultation with the client. Morning, afternoon, and evening sessions are all possible.

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