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Regular version of the site
Master 2021/2022

Sanction Compliance

Area of studies: Law
Delivered by: Higher School of Law and Administration
When: 1 year, 3, 4 module
Mode of studies: offline
Open to: students of one campus
Instructors: Примаков Денис Яковлевич
Master’s programme: Международный корпоративный комплаенс и этика бизнеса
Language: English
ECTS credits: 4

Course Syllabus

Abstract

Sanction compliance is a set of measures that a company needs to take to ensure that its organization's activities comply with mandatory requirements established by legal acts of third countries, or international organizations.
Learning Objectives

Learning Objectives

  • Sanction compliance is a set of measures that a company needs to take to ensure that its organization's activities comply with mandatory requirements established by legal acts of third countries, or international organizations.
Expected Learning Outcomes

Expected Learning Outcomes

  • Students must get knowledge on: • general international legal norms, standards and guidance on preventing and combating money laundering, financing of terrorism and corruption; • the role of international organizations and groups: UN, Council of Europe, OECD, FATF, FSRB’s, Egmont Group; • implementation of international legal norms and standards in national laws and judicial practices; • implementation of AML/CFT and anti-corruption compliance in companies.
  • Skills and abilities: • to apply legal norms in the fields of preventing and combating money laundering and corruption; • to design and implement AML/CFT and anti-corruption compliance programs in companies and financial institutions; • to conduct due diligence, mitigate the risks of money laundering and corruption, identify suspicious transactions and conduct financial investigations.
  • Students should gain the following competences: • ability to work with information (search, evaluate, use information, necessary for fulfillment of academic and professional tasks, from various sources, including application of the systematic approach); • ability to carry out professional activities in the international environment; • ability to search, analyze, and work with legally relevant information by using the juridical, comparative and other specific methods,
Course Contents

Course Contents

  • Transnational Organized Crime, Corruption and International Terrorism – Global Threats for International Peace and Security
    1. Global criminal market. 2. Transnational organized crime. 3. Money laundering: definition, goals and influence on the legal economy. 4. International terrorism. 5. Distinctive features of modern terrorism. 6. International legal framework of combating international terrorism. 7. The problem of responsibility of international terrorist organizations and states. 8. Cyberterrorism as a new challenge for international law. 9. Introduction to the study of corruption. 10. Corruption, transnational organized crime and terrorism.
  • Money Laundering: The Main Models and Typologies
    1. Main models of money laundering. 2. Definition and main elements of typologies. 3. Three groups of typologies. 4. Research of typologies in FATF and FSRB’s. 5. Risk-based approach. 6. Misuse of cash-transactions. 7. Money laundering in insurance sector. 8. Misuse of real estate market. 9. VAT-fraud and money laundering. 10. Laundering of proceeds gained from illegal drug trafficking. 11. Laundering of proceeds gained from corruption offences. 12. Specifics of typologies in the Eurasian region.
  • Financing of Terrorism
    1. General overview of the financing of terrorism. 2. Typologies of the financing of terrorism. 3. Misuse of non-profit organizations. 4. Alternative remittance systems. 5. Cash-couriers. 6. Regional specifics.
Assessment Elements

Assessment Elements

  • non-blocking Устный опрос
  • non-blocking Экзамен
Interim Assessment

Interim Assessment

  • Interim assessment (4 module)
    0.3 * Устный опрос + 0.7 * Экзамен
Bibliography

Bibliography

Recommended Core Bibliography

  • Oxnevad, I. (2019). Making a Killing: The Cause of Misfire in Counter-Terrorist Financing Regulation. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edssch&AN=edssch.oai%3aescholarship.org%2fark%3a%2f13030%2fqt0js1m843
  • The Applicability of Article 4 of Anti-Corruption Law and the Theory of Tort. (2019). Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.B1C40121
  • The institutionalisation of public relations in the fight against corruption: the experience of countries of Eastern and Western legal traditions (universal theoretical framework for relevant anti-corruption law of Ukraine): Collective monograph. Vol. 2. Tallinn, Estonia: Izdevniecība ’Baltija Publishing’, 2019. 448 p. (2019). Europe, Europe. https://doi.org/10.5281/zenodo.3462724

Recommended Additional Bibliography

  • COVLEA, M. I. (2016). Money Laundering - the Link between International Organised Crime and Global Terrorism. Knowledge Horizons / Orizonturi Ale Cunoasterii, 8(1), 186–191. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=asn&AN=115752200
  • H. D. Gambarov. (2018). Regional Anti-Money Laundering Cooperation in the African Union. Vestnik MGIMO-Universiteta, (3(60)), 126. https://doi.org/10.24833/2071-8160-2018-3-60-126-138
  • Viktor Petrovich Kirilenko, & Georgy Valeryevich Alekseev. (2018). International Integration, Democracy and Information Security of the State. Управленческое Консультирование, (3), 8. https://doi.org/10.22394/1726-1139-2017-3-8-15