CODE T049 DURATION 30mins LANGUAGE English UK EXPIRY Never Expires Level Awareness Target audience All relevant personnel. Course Goal/Description This course provides an overview of the background to export compliance, Export Compliance Laws in terms of trade sanctions and financial sanctions, the implications of US sanctions law on UK exports, and the importance of an export compliance policy, due diligence and the types of unusual behaviour that may represent a 'red flag'. Learning Objectives LO1 Describe the background to export complianceLO2 Identify the different types of sanctions and targetsLO3 Explain what trade sanctions or export controls are and their purposeLO4 Identify the legislation associated with trade sanctions/export controls and the use of the UK Strategic Export Control ListsLO5 Identify the potential consequences of breaches of trade sanctions/export controlsLO6 Explain what financial sanctions are and the associated compliance requirementsLO7 Recognise the importance of consulting the Consolidated lists of financial sanctions targetsLO8 Identify the potential consequences of breaches of financial sanctionsLO9 Identify the specific sectoral sanctions in place against RussiaLO10 Describe how US law may affect export compliance in the UKLO11 Recognise the importance of an export compliance policyLO12 Explain the importance of due diligenceLO13 Identify examples of unusual or suspicious behaviour that represent a 'red flag'
