Key Learning Points:
- Describe the UK's financial sanctions regime
- Explain the roles of the FCA, HMT and OFSI
- Understand the penalties imposed by OFSI
- How can a risk-based approach help comply with FCA regulations
- Describe the compliance requirements for organisations
This immersive eLearning course on financial sanctions explores how firms can ensure that they are complying with the financial sanctions regime and the role of the Financial Conduct Authority (FCA) in ensuring that firms have adequate systems and controls to meet their financial sanctions obligations.
The course also explores the types of financial sanctions that could be imposed on individuals or companies, the role of the Office of Financial Sanctions Implementation (OFSI) and designated persons, and the consequences of breaches of financial sanctions.
- Course duration: 30 minutes
Cost effective solutions exist for 70+ languages.
- CPD certified
- Engaging learning experience through gamification
- Certificate on completion
- Course can be tailored using Adapt Authoring Tool
- Course can be tailored to meet your specific requirements
Learners will go behind the scenes at fictional firm Financeum, to explore the effect of poor practices around financial sanctions in governance, risk assessment, screening and reporting. Moving through scenario-based questions, learners will be required to make decisions that increase or decrease the risk of compliance breaches. Make the wrong decision and learners will collect a monetary penalty. The goal is to avoid the penalties to comply with the financial sanctions regime and complete the course successfully. Learners can take the assessment again to improve their score.
2 Ways of Purchasing
You can purchase our courses individually or for even better value you can purchase the complete range of Compliance, Health and Safety or Performance Management courses in one neat bundle.
1. Individual Licenses
If you buy courses on an individual bases you pay a price per learner, per course per year. You can run these courses on your own LMS if Xapi/SCORM compliant or you can take them.
2. Complete Bundle
Buy all of the Compliance, Health and Safety or Performance Training courses in one great value package and receive unlimited benefits.
1. Individual Pricing
|Number of Learners||Cost (per year)
|1 - 10||29 / per learner|
|11 - 20||25 / per learner|
|21 - 50||20 / per learner|
|51 - 100||15 / per learner|
|101 - 150||10 / per learner|
Exchange rates are updated regularly but are only intended as a guide.
2. Complete Bundle Pricing
If you buy all the Compliance, Health & Safety or Performance Training in a complete bundle, all features come as standard, no matter the size of your organisation!
|Number of Learners||Cost (per year)
|50 - 100||30 / per learner|
|101 - 200||25 / per learner|
|201 - 300||21 / per learner|
|301 - 400||18 / per learner|
|401 - 500||15 / per learner|
|501 - 750||12.50 / per learner|
|751 - 1000||10 / per learner|
|1001 - 2500||8 / per learner|
|2501 - 5000||6 / per learner|
|5000 - 10,000||5 / per learner|
- All courses in our catalogue
- New courses added regularly
- Branded, downloadable posters
- Customise Course Content for Your Team
- Astute eLearning Platform
- Regular course updates
- Dedicated Account Manager
- Unlimited help desk support
Exchange rates are updated regularly but are only intended as a guide. Prices are based on a 2 year contract.Get a Quote
FCA Financial Sanctions
Financial sanctions are part of UK's national security and foreign policy and aims to prohibit organisations from providing financial resources to persons or organisations engaged in criminal activities, including terrorism.
While the Office of Financial Sanctions Implementation (OFSI) is in charge of enforcing financial sanction orders and issuing authorisations, it is the responsibility of the Financial Conduct Authority (FCA) to ensure that businesses have adequate systems and controls in place to mitigate the risks of financial crime and ensure that firms and individuals complying with regulation. Failure to comply with financial sanctions is considered a criminal offence, punishable by a criminal conviction or a financial penalty imposed by OFSI.
If you have any questions that are not covered here, please get in touch.