Understand the essentials of a compliance program, focusing on governance, policies, and the critical role of senior management in driving compliance success.
CGSS(Certified Global Sanctions Specialist) Exam Preparation Certificate
Instructor
AMLFCC
- Description
- Curriculum
The Certified Global Sanctions Specialist (CGSS) Exam Preparation Certificate Program is a comprehensive, industry-aligned training designed to equip professionals with the knowledge and skills needed to excel in the CGSS certification exam and thrive in the complex world of sanctions compliance. This program covers the full scope of the CGSS exam blueprint, blending theoretical understanding with practical insights to prepare candidates for success.
Program Overview
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Objective:
- Provide a robust understanding of global sanctions frameworks, compliance principles, and risk management strategies.
- Equip participants with the tools to identify, assess, and mitigate sanctions risks.
- Prepare candidates for the CGSS exam through structured lessons, real-world case studies, and exam simulations.
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Target Audience:
- Compliance professionals, risk managers, legal advisors, and financial services executives.
- Individuals aiming to enhance their expertise in sanctions compliance or seeking to achieve the CGSS certification.
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Delivery Format:
- Online, self-paced modules with interactive activities.
Program Features
- Interactive Content:
- Real-world case studies, scenario-based activities, and quizzes to enhance understanding.
- Flexible Learning:
- Online delivery allows participants to learn at their own pace.
- Comprehensive Resources:
- Access to study guides, regulatory updates, and practice exams tailored to the CGSS blueprint.
- Certificate of Completion:
- Participants receive a certificate recognizing their achievement and preparation for the CGSS exam.
Benefits of Enrollment
- Professional Advancement:
- Strengthen your qualifications for roles in compliance, risk management, and financial crime prevention.
- Enhanced Knowledge:
- Gain expertise in navigating the complexities of sanctions compliance and regulatory requirements.
- CGSS Exam Success:
- Tailored preparation ensures confidence and readiness for the certification exam.
Who Should Enroll?
This program is ideal for:
- Professionals in banking, finance, legal, and compliance roles.
- Individuals seeking to specialize in sanctions compliance and advance their careers.
- Organizations looking to upskill their compliance teams.
Enrollment and Certification
- Requirements: No prior experience is required; however, familiarity with basic compliance concepts is beneficial.
- Certification: Upon successful completion, participants will receive a “CGSS Exam Preparation Certificate,” showcasing their readiness for the CGSS certification exam.
Module 1: Introduction to Sanctions Compliance
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1
Understanding sanctions: Types, purposes, and key principlesGain insights into the types, purposes, and key principles of sanctions, including their role in global compliance and enforcement frameworks.
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2
Case Study: Understanding sanctions: Types, purposes, and key principles
Case Study
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3
Overview of the CGSS certification and its importance
Explore the CGSS certification, its role in advancing sanctions compliance expertise, and its importance for professionals in global regulatory and financial sectors.
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4
Key players: United Nations, OFAC, EU, and other jurisdictions
Learn about the key players in global sanctions compliance, including the United Nations, OFAC, EU, and major jurisdictions shaping international regulations.
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5
Case Study: Key players: United Nations, OFAC, EU, and other jurisdictions
Case Study
Module 2: Governance and Enforcement
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6
History and evolution of sanctions regimes
Explore the history and evolution of sanctions regimes, from ancient trade restrictions to modern global enforcement frameworks.
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7
Legal frameworks and governing bodies (UN, US, EU sanctions)
Understand the legal frameworks and governing bodies behind sanctions, including the UN, US, and EU, shaping global compliance policies.
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8
Compliance program essentials: Governance, policies, and senior management’s role
Module 3: Sanctions Due Diligence
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9
Know Your Customer (KYC) and Customer Due Diligence (CDD)
Learn the fundamentals of KYC and CDD, key processes for identifying and verifying customers to mitigate financial crime risks.
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10
Identifying ultimate beneficial ownership (UBO)
Learn to identify Ultimate Beneficial Ownership (UBO) to ensure transparency and mitigate risks in financial transactions.
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11
High-risk businesses and jurisdictions
Identify high-risk businesses and jurisdictions to effectively manage compliance risks and meet regulatory requirements.
Module 4: Sanctions Screening and Technology
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12
Screening methodologies: Name screening vs. payment screening
Compare name screening and payment screening methodologies to enhance sanctions compliance and mitigate financial risks.
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13
Automated screening tools and fine-tuning algorithms
Explore automated screening tools and fine-tuning algorithms to enhance efficiency and accuracy in compliance processes.
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14
Handling false positives and negatives
Learn strategies to manage false positives and negatives effectively, ensuring accurate and efficient compliance screening.
Module 5: Sanctions Evasion Techniques
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15
Common evasion methods: Stripping, splitting, and U-turn payments
Understand common evasion methods, including stripping, splitting, and U-turn payments, to strengthen sanctions compliance efforts.
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16
Identifying red flags in customer and counterparty relationships
Learn to identify red flags in customer and counterparty relationships to mitigate risks and ensure compliance with regulations.
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17
Investigating and mitigating evasion risks
Learn strategies to investigate and mitigate evasion risks, ensuring compliance with sanctions and regulatory standards.
Module 6: Trade-Related Sanctions
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18
Trade-based money laundering (TBML) and dual-use goods
Understand Trade-Based Money Laundering (TBML) and dual-use goods to identify risks and enhance compliance in trade finance.
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19
Understanding trade-related sanctions screening
Learn the essentials of trade-related sanctions screening to identify and mitigate risks in international trade transactions.
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20
Sanctions due diligence in trade finance
Learn sanctions due diligence essentials in trade finance to manage risks and ensure compliance with global regulations.
Module 7: Sanctions Investigations and Enforcement
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21
Conducting sanctions investigations
Learn effective methods for conducting sanctions investigations to identify violations and ensure regulatory compliance.
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22
Blocking and freezing assets
Learn the process and importance of blocking and freezing assets to comply with sanctions and mitigate financial risks.
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23
Reporting and managing frozen assets
Learn how to report and manage frozen assets effectively to ensure compliance with sanctions regulations and mitigate risks.
Module 8: Preparing for the CGSS Exam
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24
Review of CGSS domains and exam blueprint
Get a comprehensive review of CGSS domains and the exam blueprint to understand key topics and prepare effectively for certification.
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25
Test-taking strategies and time management
Master test-taking strategies and time management techniques to enhance your performance and efficiency during exams.
