This module provides a focused overview of Sanctions screening, essential for managing financial crime risks and complying with regulatory obligations, especially during geopolitical tensions. You will understand what sanctions are, the different types of Sanctions, and major global sanctioning bodies and lists, their extraterritorial reach, along with FATF recommendations on Sanctions compliance. The module covers India’s role in implementing Sanctions under domestic law and international obligations.

You will learn about transactional Sanctions, screening attributes, and dual-use goods, and how to handle potential matches, including those on the WDM lists, ensuring accurate identification and escalation protocols. Key challenges such as false positives, name-matching issues, and dynamic sanctions lists are highlighted. The module concludes with best practices for effective Sanctions screening, enabling you to strengthen compliance frameworks and safeguard against regulatory and reputational risks.

About the Trainer

Sharad Nair

Empaneled Trainer

A Banking professional with an experience of over 30 years in various aspects of Branch Banking and other areas such as heading credit & forex, heading learning and development in the retail space and heading AML compliance of the third largest private sector Bank in the country and a national bank in UAE. Have a successful track record of working in Banks in India and UAE.