ICA Certificate in Managing Sanctions Risk

Course level : ICA Certificates

Sanctions can be complex, and dealing with sanctioned parties can be risky. National or international sanctions may be issued against individuals, entities, groups or nations; or even trading activities/particular sectors. Those bodies charged with enforcing sanctions compliance are particularly active at the moment, with multiple fines for firms in recent years stretching into billions of dollars.

Suitable for those working in financial crime and regulatory compliance, this could help you:

understand sanctions and the international context
discover the screening systems and controls
define a sanctions governance framework
manage alert investigations
learn the challenges of change and the cost of getting it wrong

This course is awarded in association with Alliance Manchester Business School, the University of Manchester.

Is this course right for me?

This course has a practical focus and is open to anyone who is interested in the subject. The content of the programme requires students to possess:

Sound educational background
A good understanding of written English

This course is suitable for?

Senior financial crime/regulatory compliance practitioners who are keen to enhance their existing expertise by learning about another distinct sphere
Senior managers within the Sanctions environment who wish to certify their knowledge
Operational staff, who need to understand the inherent Sanctions risks they face when dealing with customers and/or transactions
Regulators or Consultants
MLROs, Compliance Managers and Risk Managers
Anyone with an interest in better understanding how Sanctions work and the risks they can present if not correctly addressed

Not sure if this course is right for you? Take this short quiz to find out

What will I learn?

Understanding sanctions
The international context
Defining a sanctions governance framework
Sanctions lists and screening
Managing alert investigations
The cost of getting it wrong
The challenges of change

Course format

Study in your own time and at your own pace
Course can be completed in as little as 4 weeks but you will have access for up to 3 months
Assessed by a 1 hour online multiple-choice exam
Your results are available immediately
Downloadable certificate to demonstrate your achievement

Download course syllabus

We have full syllabi available for all of our qualifications. Click here to download a syllabus for this course.

Course fees

Course fees


per currency depending on location
GBP (online only)	645
EUR (online only)	711
USD (online only)	840

Course fees stated exclude VAT or local tax, this will be added to your basket at the checkout if applicable.

These fees include a downloadable certificate which you are able to print. Should you require a hard copy posted, there is a fee of £50 plus VAT if applicable.

Discount for Low GDP countries

A 15% discount applies if you are based in one of the countries on this list The discount will be added automatically on the check out page.

Membership Fee: £110* (Associate Membership - you must be an ICA member for the duration of your studies)

*Payable unless you are already an ICA Member.

Exclusive Qualification Discount for ICA Professional and Fellow Members
All ICA Professional and Fellow members are entitled to discounted rates on subsequent qualifications they choose to enrol on:

Professional (MICA) - 10%
Fellow (FICA) – 15%

Simply enter your membership number on enrolment to gain your exclusive discounted rate.

Funding available for students in Singapore

FTS-Eligible

This programme is recognised under the Financial Training Scheme (FTS) and is eligible for FTS claims subject to all eligibility criteria being met.

Please note that in no way does this represent an endorsement of the quality of the training provider and programme. Participants are advised to assess the suitability of the programme and its relevance to participants’ business activities or job roles.
The FTS is available to eligible entities based on the prevalent funding eligibility, quantum and caps. FTS claims may only be made for recognised programmes with a specified validity period. Find out for more information here .

Funding

This course is eligible for Financial Training Scheme (FTS) funding.

Read more about the funding details here .

*IBF-FTS provides up to 70% funding for direct training costs subject to a cap of S$500 per candidate per programme subject to all eligibility criteria being met.