ACAMS Certified Global Sanctions Specialist (CGSS)

CGSS is an ACAMS certification that equips an organisation’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 strategically and uniformly apply the same programme for all global employees.

This course teaches the crucial sanctions principles all compliance staff should understand and will be of value to those new to sanctions compliance, those looking for a refresher, and those in frontline sanctions positions, teaching skills that benefit both new and experienced professionals, especially as regulator and market expectations around sanctions continue to increase. 

By the end of the courses participants will understand the principles of:

• Governance and enforcement
• Sanctions related to evasion techniques
• Sanctions related to Due Diligence
• Sanctions related to screening
• Sanctions related to investigations and asset freezing

• Introduction and study recommendations
• Chapter 1: Governance and enforcement
• • Introduction 
  • History of sanctions and purpose of sanctions 
  • Who imposes sanctions?
  • Who is subject to sanctions?
  • Sanction types 
  • Consequences for noncompliance
  • Incorporating sanctions compliance into Compliance programmes, risk assessment, and employee training
• Chapter 2: Sanctions evasion techniques
• • Evasion methods: common techniques
  • Concealment of beneficial ownership
• Chapter 3: Sanctions Due Diligence
• • Perform sanctions Due Diligence
• Chapter 4: Sanctions screening
• • Screening targets
  • Name screening vs. payment screening information technology 
  • Regulatory matters
  • Name screening 
  • Payment screening
  • Solving name and payment screening challenges
  • Trade activity screening
• Chapter 5: Sanctions investigations and assets freezing
• • Conducting investigations
  • Reviewing relevant sources of information
  • Identifying and blocking (or freezing) assets
• Chapter 6: Glossary of terms 
• Chapter 7: Review questions
• Chapter 8: Guidance documents and reference material

After this training programme, participants will sit a 3.5-hour-examination in order to obtain their certificate.
Recognized worldwide by employers in both private industry and government and acknowledged by regulators and examiners, the Certified Anti-Money Laundering Specialist® (CAMS) credential denotes proven knowledge in the detection and prevention of money laundering.

Practical arrangements:

• ATTF can provide you with the list of the countries online proctoring ACAMS and you can check on ACAMS website to check the test centers (if there is one in your country)
• The exams are identical whether you take them online or in a test center.
  
• ACAMS will send an email confirmation of registration for the exam.

• The proposed exam date is part of the registration process with the House of Training. Any request to postpone registration for the examination is the responsibility of the candidate and does not give right to a refund. In such a case, the applicant must contact the examination center or ACAMS in order to reserve a new date and, if appropriate, pay the resulting fees.

• The examination results are communicated by ACAMS. If unsuccessful, we invite applicants to refer to the Applicant's Handbook or to contact ACAMS to resubmit the exam and pay the resulting fees (not included in the registration fees) .
• The examination will take place after the training after you have arranged a date checking on ACAMS website to take it in the examination center in your country or online.