The United Nations (UN) and the European Union (EU) impose international sanctions on countries, organizations, companies and individuals. These may include financial sanctions, for example. Trust offices have a role in ensuring compliance with these sanctions.
Trust offices may not facilitate payments from and to sanctioned parties, nor may they provide services to them. In the Netherlands, these obligations are laid down in the Sanctions Act (SW). With this awareness e-learning, we bring you up to speed on the requirements that the sanctions regulation imposes on trust offices and their employees.
Would you like to know more about the Wwft? Then follow one of our Wwft courses.
Accredited by Holland Quaestor
This course is accredited by Holland Quaestor (HQ), the association of Dutch trust offices, and provides employees in the trust sector with 2 PE points.
The Sanctions Regulation Trust Awareness e-learning is suitable for professionals working in the trust sector who need to be familiar with the provisions of the Sanctions Act.
This is an e-learning at HBO (higher vocational education) level. Specific knowledge is not required, but we do assume that you have basic knowledge of financial services and the Wwft.
This awareness e-learning brings you up to speed with the legal requirements from European and Dutch Sanction Regulations for trust offices. You will also learn to about the Sanction Regulations from the US and the UK.
After completing this e-learning, you will know how sanction screening and transaction screening within the trust sector is carried out and how DNB supervises compliance with the Sanctions Act.
The training starts with a baseline measurement to determine whether you can go straight to the test or whether it is better to study the subject first.
- Laws and regulations
- Sanctions regulations
- Sanction screening
- Transaction screening
- Types of hits
Test Sanctions Regulation Trust Awareness
You will complete this course with a test in the learning environment. You can also take resits in the learning environment.
Sanctions Regulation Trust Awareness Certificate
After passing the test, you can download your personal certificate from the learning environment.
The Sanctions Regulation Trust Awareness course can be taken through our online learning environment, wherever and whenever it suits you. The e-learning takes on average between one and two hours to complete, depending on your prior knowledge.