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Advanced Sanctions - Securities & Investments

2 Part Course  |  Analyse and develop a critical understanding of the impact of sanctions risks in issuing, trading, selling or facilitating securities

Redcliffe Training Associates Courses Modern bridge Dubai

A one-day course presented in two half-day live webinars

  • The course is designed to provide a systematic and comprehensive analysis of the impact of sanctions on issuing, trading, selling or otherwise facilitating transactions in securities
  • The course is designed to cover the principal US & EU sanctions regimes
  • The course will be interactive and include many practical aspects of the application of sanctions to securities activities
  • The course is suitable for sanctions, financial crime and other compliance professionals, working in banks, brokers, custodians, exchanges and other financial institutions
  • The course is developed and delivered by a professional trainer with extensive experience in banking, audit and financial crime training across all major business and product lines

  • To analyse and develop a critical understanding of the impact of sanctions on issuing, trading, selling or otherwise facilitating transactions in securities, as they related to
    • Sanctioned Individuals & Entities
    • Countries Under Comprehensive US Sanctions
    • Specific Listed / Sectoral OFAC Country Programmes
    • Other OFAC Programmes & Challenges
    • EU Sanctions Regimes
    • Financial Intermediaries
    • Internal Control Requirements

NOTE - given the changes in Sanctions due to the situation in Russia, the webinar will cover all of the Sanctions updates and as a result, while we will cover the topics listed, they may no longer be in order. Therefore, we would advise booking both Parts of the course.

Part One

Session 1: Generic Sanctions on Individuals & Entities

Generic sanctions on securities issued by sanctioned entities or on securities issued by entities owned & controlled by sanctioned individuals

  • Sanctioned Entities
  • Sanctioned Individuals
  • Beneficial Ownership
  • OFAC 50% Rule
  • OFAC 33% Rule
  • The Question of Significant Control

Session 2: Specific Listed / Sectoral OFAC Country Programmes

These countries are not subject to comprehensive sanctions, however, there are sanctions programmes targeted at specific sectors of their economies or related to specific US foreign or national security policies. Countries included and the relevant programmes are as follows:

  • Russian Sectoral Sanctions Identifications (SSIs)
  • Chinese Military Companies Sanctions
  • Government of Venezuela

These sanctions regimes are each impacted by a number of different factors, the details of which are specific to each individual programme. These include:

  • Regime Details
  • Securities
  • Equity
    • Debt
    • Other
    • New
    • Old
    • Issue Dates
    • Maturities
  • Government Entities
  • Non-Government Entities
  • Financial Institutions
  • Blocking or Non-Blocking
  • SDN or non-SDN
  • Licenses & Exemptions e.g., Unwinding of Existing Positions

Part Two

Session 3: Countries Under Comprehensive US Sanctions

Securities and securities transactions in respect of countries or territories under comprehensive sanctions are by definition also sanctioned and included on the SDN list. They are thus subject to asset freezes. The countries are:

  • Cuba
  • North Korea
  • Iran
  • Syria
  • Crimea

Specific licenses or exemptions on the above based on:

  • SDN or Non-SDN
  • Securities
  • Issue Dates
  • Maturities
  • Unwinding of Existing Positions

Session 4: Other OFAC Programmes & Challenges

  • Global Magnitsky Designations
  • Libya
  • Burma

Session 5: EU Sanctions Regimes

  • Russia
    • Arrangement of New Loans & Credit
    • Transactions in Financial Instruments
  • Ukraine
    • Granting of Finance
    • Investments
  • North Korea
    • Brokering, Selling Purchasing or Facilitating the Issue of New Bonds
    • Commitments to Financing
    • Prohibition on Investments
  • Syria
    • Asset Freezes
    • Granting of Credit
    • Brokering, Selling Purchasing or Facilitating the Issue of New Bonds
    • Financial Support for Trade
    • Investments in Oil & Gas Industries
  • Asset Freezes & Or Prohibition of Funds / Financing
    • Turkey
    • Myanmar
    • Libya
    • Zimbabwe
    • Sudan

Session 6: The Risks Inherent in Financial Intermediaries

  • Brokers
  • Custodians
  • Omnibus Accounts
  • Exchanges
  • Others

Session 7: Internal Control Considerations

  • Disguised Ownership Structures
  • The Sanctions Narrative
  • OFAC Guidance on Financial Institutions
  • Due Diligence

The trainer, MBA FCCA, is an investment banking governance, audit, risk and compliance specialists who has extensive international experience. He holds an MBA from CASS Business School, London and is a Chartered Certified Accountant.

He worked for Price Waterhouse in Kingston, Jamaica prior to arriving in London just after Big Bang in 1986 and subsequently worked for a number of major institutions including Manufacturers Hanover Trust, Continental Bank, CIBC and ABN AMRO. His roles have included internal audit, product control, risk management and SOX.

In addition to gaining experience in the major global financial centres the above roles covered all aspects of regulation, governance and internal controls over the origination, sales and trading of a broad range of investment banking and capital market products. These products include: credit trading and credit derivatives; asset securitisation and structured finance; foreign exchange and foreign exchange options; interest rate derivatives; commodities and treasury.

He has also served as a business manager where he played a leading role in the development and implementation of major strategic initiatives within global banking and markets. This was followed by the delivery of a training and cultural change programme in alignment with that strategy, across 50 countries.

The trainer currently focuses on delivering financial crime courses for major banks (HSBC, Soc Gen, RBS, Lloyds, Nordea and Handelsbanken) covering AML, Sanctions, Tax Evasion, Terrorist Financing Bribery & Corruption, as well as their related governance aspects. This delivery encompassed frontline staff and senior managers across global, private, corporate and retail banking in the UK, Europe, Asia, Middle East, Africa, US and the Americas.

He has also run train the trainer (TTT) courses and presented in front of US regulators. In addition, he delivers training programmes in Audit, Operational Risk, Treasury, Basel III, Liquidity Management, Capital Management and the Internal Capital Adequacy Assessment Process (ICAAP).

He has delivered over 150 courses online via WebEx and Zoom.

The course is designed to improve participants’ awareness and knowledge of sanctions risks in issuing, trading, selling or facilitating securities transactions. It focuses on the specific US & EU sanctions regimes and the practical differences and difficulties in their implementation. The course will be of significant benefit to sanctions specialists, financial crime specialists and other risk professionals, as well as executives and managers who have a responsibility for managing securities and investments in a range of financial institutions.

  • Presentation was lively and there was good interaction with participants
  • The structure, cases and examples were all great
  • The instructor was able to explain the content and was clearly very knowledgeable in this field as he was able to answer questions succinctly and add additional depth to the topic. The explanations of the level of sanctions and how far reaching these were, along with the case studies
Number of places:
Part 1
Number of places:
Part 2

£695.00

Per participant per part
Discounts available for multiple place booking find out more
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