Certified Global Sanctions Specialist is an ACAMS certification that equips an organization’s workforce with a credential that represents a serious commitment to compliance with sanctions, in a world of increasingly complex laws, regulations, and policies. CGSS is global, allowing multinational institutions to apply the same program strategically and uniformly for all global employees. Become CGSS-certified and demonstrate to regulators a strong commitment to compliance in sanctions. CGSS enables organizations to tap into the diverse, international global network of ACAMS, the world’s largest membership organization dedicated to enhancing the knowledge and skills of financial crime prevention professionals
At the end of the training program, the participant should be able to:
1 1. How primary and secondary sanctions are created, changed, and enforced
2 Key concepts of sanctions
3 Different types of sanctions
4 Geographic scope of sanctions
5 5. License types and the scope of permitted activities
6 Purpose and limitations of contract clauses
1 1. Key sanctions risk areas, including customers, the nature of their business, products, and Jurisdiction
2 2. Principles of governance, risk-based approach, and how they apply to sanctions screening
3 3. Sanctions due diligence key concepts to effectively mitigate sanctions risks
4 4. Sanctions risks specific to certain financial services and products
5 5. How to apply sanctions due diligence to different lines of business
6 Beneficial ownership control and calculation
7 How to conduct trade related due-diligence, including dual-use goods and export controls
1. It is suggested to study the training material of the program before attending the preparatory program.
attending the preparatory program.
2. There are no prerequisites for attending the preparation program, whereas the CAMS examination requirements are:
2.1 An active ACAMS Membership. 2.2 (40) education or experience credits, as follows: 2.2.1 Academic Credentials: • (10) credits for Associates. • (20) credits for bachelor’s degree holders. • (30) credits for master’s degree holders. • (40) credits for JD or Ph.D. holders. 2.2.2 Work Experience: • (10) credits for each year of experience 2.2.3 Training: • (1) credit for each hour of financial crime related training
Names of the training programs that are integrated (enriched) with the training program:
Names of the training programs that after the training program:
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