Mastering AML Targeted Financial Sanctions

Name: Mastering AML Targeted Financial Sanctions
Rating: 4.2 (11 reviews)

Anti-Money laundering, AML, TFS, Targeted financial Sanctions, name screening, KYC, onboarding, False positive,Review

Created byOwais Ahmed Qureshi

Last updated 4/2025

English

What you'll learn

Anti-Money Laundering Experts
Compliance Officers
On-boarding teams
KYC teams

Course content

1 section • 21 lectures • 2h 59m total length

Lecture 0113:48
Explore targeted financial sanctions, their objectives and differences from general sanctions, and their role in AML/CFT compliance, including name screening and onboarding controls.
Lecture 0210:19
Explore how targeted financial sanctions are imposed and enforced by the UN, OFAC, the EU, and national bodies, and how financial institutions screen and report to ensure compliance.
Lecture 039:01
Explore name screening and kyc integration to accurately screen customers against sanction lists and adverse media, reducing false positives and ensuring compliant onboarding and ongoing monitoring.
Lecture 048:38
Explore how sanction lists, pep lists, and internal and external watch lists support risk management and regulatory compliance through real-time and periodic updates.
Lecture 058:10
Enhance name screening for targeted financial sanctions by applying exact, fuzzy, and phonetic matching while considering cultural and linguistic variation, and configure thresholds to balance compliance and efficiency.
Lecture 067:41
Lecture 078:38
Lecture 089:40
Lecture 099:22
Lecture 108:21
Lecture 118:00
Lecture 128:07
perform real time name screening during onboarding to prevent onboarding of proscribed individuals, conduct periodic portfolio reviews, and act on alien notifications to mitigate sanctions risk.
Lecture 136:52
Examine the consequences of onboarding proscribed individuals or entities, including penalties and reputational damage, and review real-world case studies to stress robust sanctions screening, monitoring, training, and regulator collaboration.
Lecture 146:10
Mastering targeted financial sanctions trains compliance professionals in Pep screening and risk-based due diligence to meet Fatf, Basel, and national expectations, including watchlists, source of wealth, and enhanced due diligence.
Lecture 157:53
Learn to design and implement data retention policies for name screening, covering regulatory retention periods, data accuracy, access controls, encryption, audit trails, and timely regulatory audits.
Lecture 167:23
Maintain name screening as an ongoing responsibility in compliance programs, with periodic reviews and rescreening triggered by changes in customer information, ownership, contact details, or business activities and sanctions updates.
Lecture 178:32
Learn to implement targeted financial sanctions by establishing a dedicated CFD desk, enabling ally collaboration, precise screening, and timely SAR/STR reporting.
Lecture 1810:05
Learn how adverse media enhances sanctions screening for financial institutions by enriching risk profiles, improving KYC onboarding and monitoring, and enabling contextual alerts through trusted data sources.
Lecture 199:35
Explore real-world targeted financial sanctions compliance through hands-on exercises, case studies, and techniques to detect onboarding sanctions individuals, differentiate false positives from exact matches, and file suspicious activity reports.
Lecture 207:56
Strengthen your institution's sanctions program by applying a risk-based screening approach, leveraging exact, fuzzy, and photo name matching, adverse media, and pep checks, with continuous ai-driven monitoring.
Bonus lecture5:05
Meet an AML and compliance expert who outlines continuing learning paths across AML basics to advanced topics, including targeted financial sanctions, KYC due diligence, monitoring, and fintech crypto challenges.

Requirements

No prerequisite required

Description

In the modern financial landscape, Targeted Financial Sanctions (TFS) are essential tools in combating financial crimes, terrorism, and ensuring global security. Financial institutions play a critical role in implementing and adhering to TFS requirements. This comprehensive course is designed to provide compliance professionals, AML officers, and financial crime specialists with the knowledge and skills needed to implement effective sanctions screening and management programs.

Through in-depth lessons, practical exercises, and real-world examples, you will gain the ability to confidently navigate the complexities of TFS, from understanding its regulatory framework to leveraging advanced technologies like Artificial Intelligence (AI). By the end of this course, you will be equipped to protect your organization from the risks of onboarding sanctioned individuals and entities, ensuring compliance with global standards.

Learning Objectives:

By the end of this course, learners will:

1. Understand the fundamentals of Targeted Financial Sanctions and their importance in AML/CFT compliance.

2. Learn the global framework for imposing sanctions and how they are implemented by financial institutions.

3. Master the process of name screening for customers and prospective customers, including identifying false positives and exact matches.

4. Explore the best practices and technologies used in sanctions screening globally.

5. Understand the consequences of non-compliance, including onboarding proscribed individuals or entities.

6. Learn how to manage proscribed lists, screen PEPs, and incorporate adverse media into screening processes.

7. Understand the role of AI in enhancing sanctions screening and risk mitigation.

8. Learn to coordinate with law enforcement agencies (LEAs) and establish an internal Combat Financial Terrorism Desk.

Who this course is for:

Compliance, AML officers